Adell Harriman & Carpenter Inc. Has $180,000 Stock Holdings in Invesco KBW High Dividend Yield Financial ETF $KBWD

Adell Harriman & Carpenter Inc. trimmed its position in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 18.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,000 shares of the company’s stock after selling 3,000 shares during the period. Adell Harriman & Carpenter Inc.’s holdings in Invesco KBW High Dividend Yield Financial ETF were worth $180,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of Invesco KBW High Dividend Yield Financial ETF during the second quarter valued at approximately $35,000. Ameritas Advisory Services LLC acquired a new stake in Invesco KBW High Dividend Yield Financial ETF during the second quarter worth $50,000. Mattson Financial Services LLC increased its holdings in Invesco KBW High Dividend Yield Financial ETF by 19.4% in the 1st quarter. Mattson Financial Services LLC now owns 5,110 shares of the company’s stock valued at $74,000 after buying an additional 830 shares during the period. Stratos Wealth Partners LTD. bought a new stake in Invesco KBW High Dividend Yield Financial ETF in the 2nd quarter valued at $140,000. Finally, Farther Finance Advisors LLC raised its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 7.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 10,181 shares of the company’s stock valued at $141,000 after buying an additional 718 shares in the last quarter.

Invesco KBW High Dividend Yield Financial ETF Stock Performance

NASDAQ:KBWD opened at $13.36 on Friday. The company has a 50-day moving average of $13.77 and a 200-day moving average of $13.75. Invesco KBW High Dividend Yield Financial ETF has a 52 week low of $11.96 and a 52 week high of $15.80. The company has a market capitalization of $412.02 million, a price-to-earnings ratio of 10.83 and a beta of 1.15.

Invesco KBW High Dividend Yield Financial ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 24th. Shareholders of record on Monday, October 20th were paid a dividend of $0.1475 per share. The ex-dividend date was Monday, October 20th. This represents a c) dividend on an annualized basis and a yield of 13.2%.

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.