Mission Hills Financial Advisory LLC Has $10.09 Million Position in Invesco KBW High Dividend Yield Financial ETF $KBWD

Mission Hills Financial Advisory LLC boosted its holdings in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 14.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 745,613 shares of the company’s stock after purchasing an additional 96,423 shares during the period. Invesco KBW High Dividend Yield Financial ETF comprises approximately 5.4% of Mission Hills Financial Advisory LLC’s holdings, making the stock its 9th largest holding. Mission Hills Financial Advisory LLC owned about 2.42% of Invesco KBW High Dividend Yield Financial ETF worth $10,088,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Gradient Investments LLC raised its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 2.6% during the third quarter. Gradient Investments LLC now owns 537,666 shares of the company’s stock valued at $7,275,000 after acquiring an additional 13,824 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of Invesco KBW High Dividend Yield Financial ETF by 229.3% in the 2nd quarter. Raymond James Financial Inc. now owns 161,894 shares of the company’s stock worth $2,245,000 after purchasing an additional 112,725 shares during the period. Atria Wealth Solutions Inc. boosted its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 10.5% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 54,812 shares of the company’s stock valued at $760,000 after purchasing an additional 5,190 shares in the last quarter. Kingswood Wealth Advisors LLC boosted its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 26.5% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 53,680 shares of the company’s stock valued at $726,000 after purchasing an additional 11,239 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Invesco KBW High Dividend Yield Financial ETF by 39.9% during the second quarter. Cetera Investment Advisers now owns 47,041 shares of the company’s stock valued at $652,000 after buying an additional 13,405 shares during the period.

Invesco KBW High Dividend Yield Financial ETF Price Performance

Shares of KBWD opened at $13.91 on Friday. The company has a 50-day simple moving average of $13.97 and a two-hundred day simple moving average of $13.85. The firm has a market capitalization of $432.88 million, a PE ratio of 10.83 and a beta of 1.15. Invesco KBW High Dividend Yield Financial ETF has a one year low of $11.96 and a one year high of $15.80.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a $0.1479 dividend. This represents a c) dividend on an annualized basis and a yield of 12.8%. This is a positive change from Invesco KBW High Dividend Yield Financial ETF’s previous monthly dividend of $0.15. The ex-dividend date was Tuesday, January 20th.

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.