Capital Investment Advisory Services LLC Trims Stock Holdings in Invesco Dividend Achievers ETF (NASDAQ:PFM)

Capital Investment Advisory Services LLC lowered its stake in shares of Invesco Dividend Achievers ETF (NASDAQ:PFM) by 36.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,950 shares of the company’s stock after selling 1,108 shares during the period. Capital Investment Advisory Services LLC’s holdings in Invesco Dividend Achievers ETF were worth $89,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Raymond James & Associates raised its stake in shares of Invesco Dividend Achievers ETF by 3.9% during the 3rd quarter. Raymond James & Associates now owns 384,769 shares of the company’s stock valued at $17,911,000 after purchasing an additional 14,462 shares during the period. Stratos Wealth Partners LTD. increased its position in shares of Invesco Dividend Achievers ETF by 21.3% during the third quarter. Stratos Wealth Partners LTD. now owns 126,968 shares of the company’s stock valued at $5,910,000 after buying an additional 22,261 shares during the period. Citizens Financial Group Inc. RI lifted its holdings in shares of Invesco Dividend Achievers ETF by 0.6% in the third quarter. Citizens Financial Group Inc. RI now owns 118,692 shares of the company’s stock worth $5,525,000 after buying an additional 753 shares in the last quarter. CreativeOne Wealth LLC boosted its position in shares of Invesco Dividend Achievers ETF by 2.3% in the third quarter. CreativeOne Wealth LLC now owns 59,447 shares of the company’s stock valued at $2,767,000 after acquiring an additional 1,361 shares during the period. Finally, MML Investors Services LLC grew its stake in Invesco Dividend Achievers ETF by 1.8% during the third quarter. MML Investors Services LLC now owns 58,741 shares of the company’s stock valued at $2,734,000 after acquiring an additional 1,054 shares in the last quarter.

Invesco Dividend Achievers ETF Trading Down 0.3 %

Invesco Dividend Achievers ETF stock opened at $47.44 on Friday. Invesco Dividend Achievers ETF has a 1-year low of $40.21 and a 1-year high of $48.28. The firm has a market capitalization of $725.36 million, a PE ratio of 22.62 and a beta of 0.83. The firm’s 50 day simple moving average is $46.86 and its 200 day simple moving average is $46.09.

Invesco Dividend Achievers ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.1813 dividend. The ex-dividend date was Monday, December 23rd.

About Invesco Dividend Achievers ETF

PowerShares Dividend Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Broad Dividend Achievers Index (the Index). The Index is designed to identify a diversified group of dividend paying companies. These companies have increased their annual dividend for 10 or more consecutive fiscal years.