RFG Advisory LLC Acquires New Stake in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

RFG Advisory LLC purchased a new stake in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 19,446 shares of the company’s stock, valued at approximately $285,000. RFG Advisory LLC owned 0.07% of Invesco KBW High Dividend Yield Financial ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Mattson Financial Services LLC bought a new stake in Invesco KBW High Dividend Yield Financial ETF during the second quarter valued at approximately $45,000. CWM LLC boosted its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 5.3% during the 3rd quarter. CWM LLC now owns 29,781 shares of the company’s stock worth $455,000 after acquiring an additional 1,507 shares during the last quarter. Good Life Advisors LLC bought a new stake in shares of Invesco KBW High Dividend Yield Financial ETF during the 3rd quarter valued at $266,000. Farther Finance Advisors LLC increased its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 46.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,748 shares of the company’s stock worth $164,000 after purchasing an additional 3,412 shares in the last quarter. Finally, CreativeOne Wealth LLC bought a new position in Invesco KBW High Dividend Yield Financial ETF in the 3rd quarter worth $255,000.

Invesco KBW High Dividend Yield Financial ETF Stock Performance

NASDAQ KBWD opened at $15.01 on Wednesday. The business’s fifty day moving average is $14.97 and its 200 day moving average is $15.16. The company has a market capitalization of $421.48 million, a PE ratio of 8.21 and a beta of 1.40. Invesco KBW High Dividend Yield Financial ETF has a fifty-two week low of $14.12 and a fifty-two week high of $16.38.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were given a dividend of $0.1452 per share. This is a boost from Invesco KBW High Dividend Yield Financial ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Tuesday, January 21st.

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.