Adell Harriman & Carpenter Inc. Makes New $180,000 Investment in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Adell Harriman & Carpenter Inc. acquired a new position in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 12,300 shares of the company’s stock, valued at approximately $180,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CWM LLC lifted its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 5.3% in the third quarter. CWM LLC now owns 29,781 shares of the company’s stock worth $455,000 after buying an additional 1,507 shares in the last quarter. Good Life Advisors LLC bought a new position in shares of Invesco KBW High Dividend Yield Financial ETF in the third quarter worth approximately $266,000. Farther Finance Advisors LLC lifted its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 46.5% in the third quarter. Farther Finance Advisors LLC now owns 10,748 shares of the company’s stock worth $164,000 after buying an additional 3,412 shares in the last quarter. CreativeOne Wealth LLC bought a new position in shares of Invesco KBW High Dividend Yield Financial ETF in the third quarter worth approximately $255,000. Finally, Mission Hills Financial Advisory LLC lifted its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 12.8% in the fourth quarter. Mission Hills Financial Advisory LLC now owns 456,337 shares of the company’s stock worth $6,694,000 after buying an additional 51,954 shares in the last quarter.

Invesco KBW High Dividend Yield Financial ETF Stock Performance

Shares of NASDAQ KBWD opened at $15.56 on Friday. The company has a market cap of $438.79 million, a PE ratio of 8.21 and a beta of 1.40. The firm’s 50 day moving average price is $14.93 and its 200-day moving average price is $15.10. Invesco KBW High Dividend Yield Financial ETF has a 52-week low of $14.12 and a 52-week high of $16.38.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were given a dividend of $0.1452 per share. This is an increase from Invesco KBW High Dividend Yield Financial ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Tuesday, January 21st.

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.