Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) Declares Monthly Dividend of $0.14

Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) announced a monthly dividend on Monday, July 20th, NASDAQ Dividends reports. Stockholders of record on Monday, July 20th will be paid a dividend of 0.135 per share on Friday, July 24th. This represents a c) annualized dividend and a dividend yield of 13.3%. The ex-dividend date of this dividend is Monday, July 20th.

Invesco KBW High Dividend Yield Financial ETF Price Performance

KBWD stock traded down $0.34 on Monday, reaching $12.20. 700,852 shares of the company were exchanged, compared to its average volume of 377,529. Invesco KBW High Dividend Yield Financial ETF has a 12 month low of $11.96 and a 12 month high of $14.74. The stock’s fifty day moving average price is $12.42 and its 200 day moving average price is $13.04. The firm has a market capitalization of $414.07 million, a PE ratio of 10.83 and a beta of 1.01.

Institutional Trading of Invesco KBW High Dividend Yield Financial ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Comerica Bank grew its stake in Invesco KBW High Dividend Yield Financial ETF by 11.7% during the third quarter. Comerica Bank now owns 8,451 shares of the company’s stock worth $114,000 after buying an additional 887 shares during the last quarter. Harbour Investments Inc. raised its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 100.0% in the fourth quarter. Harbour Investments Inc. now owns 2,000 shares of the company’s stock valued at $27,000 after acquiring an additional 1,000 shares during the last quarter. Kingswood Wealth Advisors LLC raised its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 2.0% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 54,766 shares of the company’s stock valued at $748,000 after acquiring an additional 1,086 shares during the last quarter. Stratos Wealth Partners LTD. boosted its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 11.9% in the 4th quarter. Stratos Wealth Partners LTD. now owns 11,912 shares of the company’s stock worth $163,000 after acquiring an additional 1,271 shares in the last quarter. Finally, Advyzon Investment Management LLC boosted its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 12.4% in the 4th quarter. Advyzon Investment Management LLC now owns 12,083 shares of the company’s stock worth $165,000 after acquiring an additional 1,332 shares in the last quarter.

Invesco KBW High Dividend Yield Financial ETF Company 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.