Commonwealth Equity Services LLC Has $923,000 Stock Holdings in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Commonwealth Equity Services LLC lifted its holdings in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 11.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 61,361 shares of the company’s stock after purchasing an additional 6,378 shares during the quarter. Commonwealth Equity Services LLC owned about 0.25% of Invesco KBW High Dividend Yield Financial ETF worth $923,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Janney Montgomery Scott LLC boosted its position in Invesco KBW High Dividend Yield Financial ETF by 10.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 35,218 shares of the company’s stock worth $559,000 after acquiring an additional 3,338 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in Invesco KBW High Dividend Yield Financial ETF by 281.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 165,744 shares of the company’s stock worth $2,629,000 after acquiring an additional 122,314 shares during the last quarter. Founders Financial Alliance LLC boosted its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 45.4% in the 4th quarter. Founders Financial Alliance LLC now owns 4,835 shares of the company’s stock valued at $77,000 after buying an additional 1,510 shares during the last quarter. Waterloo Capital L.P. acquired a new stake in shares of Invesco KBW High Dividend Yield Financial ETF in the 4th quarter valued at approximately $1,247,000. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 6.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 97,524 shares of the company’s stock valued at $1,511,000 after buying an additional 6,317 shares during the last quarter.

Invesco KBW High Dividend Yield Financial ETF Trading Up 0.2 %

NASDAQ KBWD opened at $15.51 on Wednesday. The company has a market cap of $386.97 million, a PE ratio of 8.21 and a beta of 1.40. Invesco KBW High Dividend Yield Financial ETF has a 12 month low of $13.04 and a 12 month high of $16.38. The stock has a 50 day moving average of $15.40 and a 200-day moving average of $15.26.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 19th were issued a $0.17 dividend. This represents a $2.04 annualized dividend and a dividend yield of 13.15%. The ex-dividend date was Monday, August 19th. This is an increase from Invesco KBW High Dividend Yield Financial ETF’s previous monthly dividend of $0.17.

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.