Commonwealth Equity Services LLC Has $1.07 Million Stock Holdings in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Commonwealth Equity Services LLC grew its position in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 15.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 73,183 shares of the company’s stock after acquiring an additional 10,059 shares during the quarter. Commonwealth Equity Services LLC owned 0.26% of Invesco KBW High Dividend Yield Financial ETF worth $1,074,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in KBWD. Atria Wealth Solutions Inc. lifted its position in shares of Invesco KBW High Dividend Yield Financial ETF by 3.7% in the fourth quarter. Atria Wealth Solutions Inc. now owns 49,328 shares of the company’s stock worth $724,000 after purchasing an additional 1,777 shares in the last quarter. IFP Advisors Inc lifted its position in Invesco KBW High Dividend Yield Financial ETF by 23.5% during the 4th quarter. IFP Advisors Inc now owns 10,750 shares of the company’s stock worth $158,000 after buying an additional 2,048 shares in the last quarter. Advisors Preferred LLC acquired a new position in shares of Invesco KBW High Dividend Yield Financial ETF during the 4th quarter worth about $262,000. Mission Hills Financial Advisory LLC grew its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 12.8% in the 4th quarter. Mission Hills Financial Advisory LLC now owns 456,337 shares of the company’s stock valued at $6,694,000 after acquiring an additional 51,954 shares in the last quarter. Finally, Founders Financial Alliance LLC increased its position in shares of Invesco KBW High Dividend Yield Financial ETF by 10.1% in the fourth quarter. Founders Financial Alliance LLC now owns 7,490 shares of the company’s stock valued at $110,000 after acquiring an additional 687 shares during the last quarter.

Invesco KBW High Dividend Yield Financial ETF Stock Performance

KBWD opened at $14.45 on Tuesday. The business’s 50-day simple moving average is $15.10 and its 200 day simple moving average is $15.07. Invesco KBW High Dividend Yield Financial ETF has a 52-week low of $14.12 and a 52-week high of $16.38. The firm has a market capitalization of $407.49 million, a PE ratio of 9.47 and a beta of 1.40.

Invesco KBW High Dividend Yield Financial ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.1423 per share. The ex-dividend date of this dividend was Monday, March 24th.

Invesco KBW High Dividend Yield Financial ETF Company Profile

The Invesco KBW High Dividend Yield Financial ETF (KBWD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a dividend-yield-weighted index of US financial firms. KBWD was launched on Dec 2, 2010 and is managed by Invesco.