Stonebridge Wealth Management LLC Trims Holdings in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Stonebridge Wealth Management LLC decreased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 21.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,327 shares of the company’s stock after selling 13,897 shares during the quarter. Invesco S&P 500 High Dividend Low Volatility ETF accounts for approximately 2.3% of Stonebridge Wealth Management LLC’s investment portfolio, making the stock its 12th largest holding. Stonebridge Wealth Management LLC owned 0.08% of Invesco S&P 500 High Dividend Low Volatility ETF worth $2,416,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Horizon Investments LLC acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter valued at approximately $44,000. Bessemer Group Inc. boosted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 118.1% in the 3rd quarter. Bessemer Group Inc. now owns 1,154 shares of the company’s stock valued at $57,000 after acquiring an additional 625 shares during the last quarter. MAI Capital Management increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 89.9% in the third quarter. MAI Capital Management now owns 1,223 shares of the company’s stock worth $60,000 after acquiring an additional 579 shares during the period. Pin Oak Investment Advisors Inc. acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth $68,000. Finally, Root Financial Partners LLC purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth $94,000.

Invesco S&P 500 High Dividend Low Volatility ETF Price Performance

NYSEARCA SPHD opened at $48.67 on Friday. The company has a market capitalization of $3.52 billion, a PE ratio of 15.77 and a beta of 0.72. The company has a fifty day moving average of $50.77 and a 200 day moving average of $49.23. Invesco S&P 500 High Dividend Low Volatility ETF has a 1 year low of $43.39 and a 1 year high of $53.07.

Invesco S&P 500 High Dividend Low Volatility ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were paid a dividend of $0.2094 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date was Monday, February 23rd. This is an increase from Invesco S&P 500 High Dividend Low Volatility ETF’s previous monthly dividend of $0.20.

About Invesco S&P 500 High Dividend Low Volatility ETF

The Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a dividend-yield-weighted index comprising the least volatile, highest dividend-yielding S&P 500 stocks. SPHD was launched on Oct 18, 2012 and is managed by Invesco.