Invesco KBW Premium Yield Equity REIT ETF Declares Monthly Dividend of $0.13 (NASDAQ:KBWY)

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) declared a monthly dividend on Monday, November 24th. Stockholders of record on Monday, November 24th will be given a dividend of 0.1255 per share on Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 9.8%. The ex-dividend date is Monday, November 24th.

Invesco KBW Premium Yield Equity REIT ETF Stock Performance

Shares of NASDAQ:KBWY traded down $0.11 during trading on Monday, reaching $15.33. The stock had a trading volume of 165,052 shares, compared to its average volume of 169,539. The business has a fifty day moving average price of $15.58 and a 200-day moving average price of $15.73. The stock has a market cap of $243.29 million, a PE ratio of 22.41 and a beta of 1.13. Invesco KBW Premium Yield Equity REIT ETF has a 1-year low of $13.86 and a 1-year high of $20.28.

Hedge Funds Weigh In On Invesco KBW Premium Yield Equity REIT ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Comerica Bank grew its holdings in Invesco KBW Premium Yield Equity REIT ETF by 22.8% in the 1st quarter. Comerica Bank now owns 5,241 shares of the company’s stock valued at $87,000 after buying an additional 974 shares in the last quarter. Sandbox Financial Partners LLC grew its holdings in shares of Invesco KBW Premium Yield Equity REIT ETF by 12.3% in the second quarter. Sandbox Financial Partners LLC now owns 15,557 shares of the company’s stock valued at $245,000 after purchasing an additional 1,700 shares during the period. MassMutual Private Wealth & Trust FSB increased its position in Invesco KBW Premium Yield Equity REIT ETF by 5.5% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 37,328 shares of the company’s stock worth $595,000 after purchasing an additional 1,956 shares during the last quarter. Osaic Holdings Inc. raised its stake in Invesco KBW Premium Yield Equity REIT ETF by 8.3% during the second quarter. Osaic Holdings Inc. now owns 25,384 shares of the company’s stock worth $399,000 after purchasing an additional 1,956 shares during the period. Finally, Allworth Financial LP acquired a new position in Invesco KBW Premium Yield Equity REIT ETF in the 2nd quarter valued at about $39,000.

About Invesco KBW Premium Yield Equity REIT ETF

The Invesco KBW Premium Yield Equity REIT ETF (KBWY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a dividend-yield-weighted index of small- and mid-cap equity REITs. KBWY was launched on Dec 2, 2010 and is managed by Invesco.