Atria Wealth Solutions Inc. Reduces Stock Position in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Atria Wealth Solutions Inc. reduced its holdings in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 30.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,844 shares of the company’s stock after selling 18,304 shares during the quarter. Atria Wealth Solutions Inc. owned about 0.17% of Invesco KBW High Dividend Yield Financial ETF worth $664,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Highlander Capital Management LLC lifted its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 119.8% during the 4th quarter. Highlander Capital Management LLC now owns 4,220 shares of the company’s stock valued at $67,000 after buying an additional 2,300 shares in the last quarter. ORG Partners LLC purchased a new stake in shares of Invesco KBW High Dividend Yield Financial ETF during the 3rd quarter valued at approximately $67,000. International Assets Investment Management LLC purchased a new stake in shares of Invesco KBW High Dividend Yield Financial ETF during the 4th quarter valued at approximately $261,000. Advisor Resource Council purchased a new stake in shares of Invesco KBW High Dividend Yield Financial ETF during the 4th quarter valued at approximately $318,000. Finally, Koshinski Asset Management Inc. lifted its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 27.8% during the 4th quarter. Koshinski Asset Management Inc. now owns 34,932 shares of the company’s stock valued at $554,000 after buying an additional 7,588 shares in the last quarter.

Invesco KBW High Dividend Yield Financial ETF Price Performance

NASDAQ KBWD opened at $15.34 on Friday. Invesco KBW High Dividend Yield Financial ETF has a 1 year low of $13.04 and a 1 year high of $16.84. The stock has a market capitalization of $376.75 million, a PE ratio of 7.99 and a beta of 1.40. The company’s 50 day simple moving average is $15.10 and its two-hundred day simple moving average is $15.08.

Invesco KBW High Dividend Yield Financial ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, April 26th. Shareholders of record on Tuesday, April 23rd were paid a $0.1499 dividend. This represents a $1.80 annualized dividend and a yield of 11.72%. The ex-dividend date was Monday, April 22nd.

About Invesco KBW High Dividend Yield Financial ETF

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.