CreativeOne Wealth LLC Grows Position in Invesco Dividend Achievers ETF (NASDAQ:PFM)

CreativeOne Wealth LLC boosted its holdings in Invesco Dividend Achievers ETF (NASDAQ:PFM) by 2.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 59,447 shares of the company’s stock after acquiring an additional 1,361 shares during the quarter. CreativeOne Wealth LLC owned about 0.39% of Invesco Dividend Achievers ETF worth $2,767,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of PFM. Cetera Investment Advisers purchased a new position in Invesco Dividend Achievers ETF in the first quarter worth $2,013,000. Cetera Advisors LLC raised its position in Invesco Dividend Achievers ETF by 29.9% in the first quarter. Cetera Advisors LLC now owns 9,137 shares of the company’s stock worth $389,000 after acquiring an additional 2,104 shares in the last quarter. Atlas Private Wealth Advisors raised its position in Invesco Dividend Achievers ETF by 52.8% in the second quarter. Atlas Private Wealth Advisors now owns 139,730 shares of the company’s stock worth $5,962,000 after acquiring an additional 48,270 shares in the last quarter. Raymond James & Associates raised its position in Invesco Dividend Achievers ETF by 59.6% in the second quarter. Raymond James & Associates now owns 370,307 shares of the company’s stock worth $15,801,000 after acquiring an additional 138,313 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its position in Invesco Dividend Achievers ETF by 4.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 449,214 shares of the company’s stock worth $19,168,000 after acquiring an additional 20,696 shares in the last quarter.

Invesco Dividend Achievers ETF Stock Performance

NASDAQ:PFM opened at $48.01 on Thursday. Invesco Dividend Achievers ETF has a 1 year low of $38.19 and a 1 year high of $48.23. The stock has a market capitalization of $733.59 million, a price-to-earnings ratio of 22.62 and a beta of 0.83. The stock has a fifty day moving average price of $46.73 and a two-hundred day moving average price of $44.78.

Invesco Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a $0.173 dividend. This represents a $0.69 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date was Monday, September 23rd.

Invesco Dividend Achievers ETF 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.