Good Life Advisors LLC Invests $266,000 in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Good Life Advisors LLC purchased a new position in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 17,420 shares of the company’s stock, valued at approximately $266,000. Good Life Advisors LLC owned approximately 0.07% of Invesco KBW High Dividend Yield Financial ETF as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in KBWD. Commonwealth Equity Services LLC boosted its stake in Invesco KBW High Dividend Yield Financial ETF by 1.7% during the 1st quarter. Commonwealth Equity Services LLC now owns 54,983 shares of the company’s stock valued at $852,000 after purchasing an additional 895 shares during the period. Endowment Wealth Management Inc. boosted its stake in 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 valued at $502,000 after purchasing an additional 2,469 shares during the period. CreativeOne Wealth LLC bought a new stake in Invesco KBW High Dividend Yield Financial ETF during the 1st quarter valued at approximately $288,000. Highlander Capital Management LLC boosted its stake in 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 valued at $81,000 after purchasing an additional 1,025 shares during the period. Finally, ORG Partners LLC bought a new stake in Invesco KBW High Dividend Yield Financial ETF during the 2nd quarter valued at approximately $66,000.

Invesco KBW High Dividend Yield Financial ETF Stock Up 0.2 %

Shares of NASDAQ:KBWD opened at $15.36 on Monday. The business has a 50 day moving average price of $15.18 and a 200 day moving average price of $15.27. The company has a market cap of $396.90 million, a price-to-earnings ratio of 8.21 and a beta of 1.40. Invesco KBW High Dividend Yield Financial ETF has a twelve month low of $13.04 and a twelve month high of $16.38.

Invesco KBW High Dividend Yield Financial ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a $0.148 dividend. The ex-dividend date was Monday, September 23rd. This represents a $1.78 annualized dividend and a yield of 11.56%.

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.