Balentine LLC Makes New $48,000 Investment in Invesco International Dividend Achievers ETF (NASDAQ:PID)

Balentine LLC purchased a new stake in shares of Invesco International Dividend Achievers ETF (NASDAQ:PID) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,406 shares of the company’s stock, valued at approximately $48,000.

Several other hedge funds have also modified their holdings of PID. Private Advisor Group LLC lifted its holdings in Invesco International Dividend Achievers ETF by 2.2% during the 3rd quarter. Private Advisor Group LLC now owns 66,759 shares of the company’s stock worth $1,320,000 after buying an additional 1,415 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in Invesco International Dividend Achievers ETF by 0.8% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 180,609 shares of the company’s stock valued at $3,237,000 after acquiring an additional 1,383 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in Invesco International Dividend Achievers ETF in the second quarter worth about $38,000. B. Riley Wealth Advisors Inc. raised its holdings in Invesco International Dividend Achievers ETF by 13.9% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 30,930 shares of the company’s stock worth $554,000 after purchasing an additional 3,784 shares during the last quarter. Finally, Cahill Financial Advisors Inc. lifted its position in Invesco International Dividend Achievers ETF by 3.2% during the 2nd quarter. Cahill Financial Advisors Inc. now owns 233,383 shares of the company’s stock valued at $4,182,000 after purchasing an additional 7,221 shares during the period. 46.28% of the stock is owned by institutional investors.

Invesco International Dividend Achievers ETF Trading Up 0.8 %

Shares of NASDAQ PID opened at $19.25 on Wednesday. The firm has a market capitalization of $857.97 million, a PE ratio of 19.28 and a beta of 0.94. The firm’s 50-day moving average is $19.61 and its 200-day moving average is $18.87. Invesco International Dividend Achievers ETF has a 1 year low of $16.39 and a 1 year high of $19.99.

Invesco International Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a dividend of $0.213 per share. This represents a $0.85 dividend on an annualized basis and a yield of 4.43%. The ex-dividend date of this dividend was Monday, September 23rd.

Invesco International Dividend Achievers ETF Company Profile

The Invesco International Dividend Achievers ETF (PID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-yield-weighted index of foreign securities with high dividend growth. PID was launched on Sep 15, 2005 and is managed by Invesco.