Waterloo Capital L.P. Sells 30,809 Shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Waterloo Capital L.P. trimmed its position in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 46.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,074 shares of the company’s stock after selling 30,809 shares during the period. Waterloo Capital L.P. owned 0.14% of Invesco KBW High Dividend Yield Financial ETF worth $543,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. ORG Partners LLC bought a new position in Invesco KBW High Dividend Yield Financial ETF in the 2nd quarter valued at $66,000. Founders Financial Alliance LLC lifted its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 45.4% during the 4th quarter. Founders Financial Alliance LLC now owns 4,835 shares of the company’s stock worth $77,000 after acquiring an additional 1,510 shares during the last quarter. Highlander Capital Management LLC lifted its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 24.3% during the 1st quarter. Highlander Capital Management LLC now owns 5,245 shares of the company’s stock worth $81,000 after acquiring an additional 1,025 shares during the last quarter. CreativeOne Wealth LLC bought a new stake in shares of Invesco KBW High Dividend Yield Financial ETF during the 1st quarter worth $288,000. Finally, Endowment Wealth Management Inc. lifted its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 8.2% during the 1st quarter. Endowment Wealth Management Inc. now owns 32,421 shares of the company’s stock worth $502,000 after acquiring an additional 2,469 shares during the last quarter.

Invesco KBW High Dividend Yield Financial ETF Stock Performance

NASDAQ KBWD opened at $15.57 on Thursday. Invesco KBW High Dividend Yield Financial ETF has a 52-week low of $13.04 and a 52-week high of $16.38. The company has a market capitalization of $388.47 million, a P/E ratio of 8.21 and a beta of 1.40. The company has a fifty day moving average of $15.41 and a 200-day moving average of $15.27.

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 dividend of $0.17 per share. This is an increase from Invesco KBW High Dividend Yield Financial ETF’s previous monthly dividend of $0.17. This represents a $2.04 dividend on an annualized basis and a dividend yield of 13.10%. The ex-dividend date of this dividend was Monday, August 19th.

Invesco KBW High Dividend Yield Financial ETF 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.