Invesco Dividend Achievers ETF (PFM) To Go Ex-Dividend on June 22nd

Invesco Dividend Achievers ETF (NASDAQ:PFM) declared a dividend on Friday, June 19th, NASDAQ Dividends reports. Shareholders of record on Monday, June 22nd will be given a dividend of 0.1929 per share on Friday, June 26th. The ex-dividend date of this dividend is Monday, June 22nd.

Invesco Dividend Achievers ETF Stock Performance

Shares of NASDAQ:PFM opened at $55.19 on Friday. The firm has a 50 day moving average of $54.37 and a 200-day moving average of $53.05. The stock has a market capitalization of $779.83 million, a PE ratio of 23.20 and a beta of 0.78. Invesco Dividend Achievers ETF has a 12 month low of $46.72 and a 12 month high of $55.92.

Institutional Trading of Invesco Dividend Achievers ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Waverly Advisors LLC increased its position in Invesco Dividend Achievers ETF by 0.4% during the 1st quarter. Waverly Advisors LLC now owns 46,732 shares of the company’s stock valued at $2,388,000 after purchasing an additional 192 shares during the period. Sovran Advisors LLC grew its position in Invesco Dividend Achievers ETF by 4.0% during the 1st quarter. Sovran Advisors LLC now owns 5,711 shares of the company’s stock worth $309,000 after purchasing an additional 222 shares during the last quarter. Cetera Investment Advisers increased its stake in Invesco Dividend Achievers ETF by 0.4% during the 4th quarter. Cetera Investment Advisers now owns 93,536 shares of the company’s stock valued at $4,818,000 after purchasing an additional 378 shares in the last quarter. Creative Planning raised its holdings in shares of Invesco Dividend Achievers ETF by 4.4% in the third quarter. Creative Planning now owns 9,820 shares of the company’s stock worth $498,000 after buying an additional 416 shares during the last quarter. Finally, Lido Advisors LLC raised its holdings in shares of Invesco Dividend Achievers ETF by 2.7% in the fourth quarter. Lido Advisors LLC now owns 17,239 shares of the company’s stock worth $875,000 after buying an additional 456 shares during the last quarter.

Invesco Dividend Achievers ETF Company Profile

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. The portfolio is rebalanced quarterly and reconstituted annually. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index.