Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) Plans Monthly Dividend of $0.13

Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) announced a monthly dividend on Monday, September 21st. Investors of record on Monday, September 21st will be given a dividend of 0.135 per share on Friday, September 25th. This represents a c) annualized dividend and a dividend yield of 13.9%. The ex-dividend date of this dividend is Monday, September 21st.

Invesco KBW High Dividend Yield Financial ETF Stock Down 0.4%

Shares of KBWD stock traded down $0.05 on Monday, hitting $11.68. The stock had a trading volume of 364,709 shares, compared to its average volume of 391,171. Invesco KBW High Dividend Yield Financial ETF has a one year low of $11.61 and a one year high of $14.74. The business has a 50 day moving average price of $12.34 and a 200 day moving average price of $12.54. The company has a market cap of $384.74 million, a PE ratio of 10.83 and a beta of 1.02.

Hedge Funds Weigh In On Invesco KBW High Dividend Yield Financial ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Harbour Investments Inc. boosted its position in shares of Invesco KBW High Dividend Yield Financial ETF by 100.0% in the 4th quarter. Harbour Investments Inc. now owns 2,000 shares of the company’s stock worth $27,000 after purchasing an additional 1,000 shares in the last quarter. Endowment Wealth Management Inc. increased its position in Invesco KBW High Dividend Yield Financial ETF by 4.9% during the 4th quarter. Endowment Wealth Management Inc. now owns 54,829 shares of the company’s stock valued at $749,000 after buying an additional 2,577 shares in the last quarter. Winnow Wealth LLC raised its stake in Invesco KBW High Dividend Yield Financial ETF by 11.5% in the first quarter. Winnow Wealth LLC now owns 32,490 shares of the company’s stock valued at $407,000 after buying an additional 3,352 shares during the last quarter. Cetera Investment Advisers raised its stake in Invesco KBW High Dividend Yield Financial ETF by 10.4% in the first quarter. Cetera Investment Advisers now owns 57,599 shares of the company’s stock valued at $722,000 after buying an additional 5,408 shares during the last quarter. Finally, Fifth Third Bancorp acquired a new stake in Invesco KBW High Dividend Yield Financial ETF in the first quarter worth about $120,000.

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.