Prairie Wealth Advisors Inc. Sells 1,700 Shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Prairie Wealth Advisors Inc. trimmed its holdings in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 13.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,175 shares of the company’s stock after selling 1,700 shares during the quarter. Prairie Wealth Advisors Inc.’s holdings in Invesco KBW High Dividend Yield Financial ETF were worth $164,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Choreo LLC grew its holdings in Invesco KBW High Dividend Yield Financial ETF by 5.9% during the fourth quarter. Choreo LLC now owns 70,832 shares of the company’s stock valued at $1,039,000 after purchasing an additional 3,936 shares during the period. Gradient Investments LLC grew its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 6.3% during the 4th quarter. Gradient Investments LLC now owns 452,177 shares of the company’s stock valued at $6,633,000 after acquiring an additional 26,636 shares during the period. RFG Advisory LLC purchased a new stake in Invesco KBW High Dividend Yield Financial ETF in the 4th quarter worth approximately $285,000. Janney Montgomery Scott LLC raised its stake in Invesco KBW High Dividend Yield Financial ETF by 12.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 33,649 shares of the company’s stock worth $494,000 after acquiring an additional 3,742 shares during the period. Finally, Mission Hills Financial Advisory LLC lifted its holdings in Invesco KBW High Dividend Yield Financial ETF by 12.8% during the fourth quarter. Mission Hills Financial Advisory LLC now owns 456,337 shares of the company’s stock valued at $6,694,000 after purchasing an additional 51,954 shares in the last quarter.

Invesco KBW High Dividend Yield Financial ETF Price Performance

Shares of NASDAQ KBWD opened at $15.32 on Friday. The stock has a market cap of $432.02 million, a PE ratio of 8.21 and a beta of 1.40. Invesco KBW High Dividend Yield Financial ETF has a 1 year low of $14.12 and a 1 year high of $16.38. The firm has a fifty day moving average price of $14.94 and a 200-day moving average price of $15.11.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

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

Invesco KBW High Dividend Yield Financial ETF Company Profile

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.