Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) to Issue $0.14 Monthly Dividend

Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) announced a monthly dividend on Monday, April 20th, NASDAQ Dividends reports. Stockholders of record on Monday, April 20th will be given a dividend of 0.1434 per share on Friday, April 24th. This represents a c) annualized dividend and a dividend yield of 12.9%. The ex-dividend date is Monday, April 20th.

Invesco KBW High Dividend Yield Financial ETF Trading Down 1.3%

Shares of KBWD opened at $13.33 on Tuesday. Invesco KBW High Dividend Yield Financial ETF has a 1-year low of $12.05 and a 1-year high of $14.74. The firm’s 50-day moving average price is $13.00 and its 200-day moving average price is $13.50. The firm has a market capitalization of $445.22 million, a price-to-earnings ratio of 10.83 and a beta of 1.06.

Institutional Trading of Invesco KBW High Dividend Yield Financial ETF

Several large investors have recently bought and sold shares of KBWD. Comerica Bank raised its position in shares of Invesco KBW High Dividend Yield Financial ETF by 11.7% in the 3rd quarter. Comerica Bank now owns 8,451 shares of the company’s stock worth $114,000 after acquiring an additional 887 shares in the last quarter. Harbour Investments Inc. boosted its position in shares of Invesco KBW High Dividend Yield Financial ETF by 100.0% during the fourth quarter. Harbour Investments Inc. now owns 2,000 shares of the company’s stock valued at $27,000 after purchasing an additional 1,000 shares in the last quarter. Kingswood Wealth Advisors LLC boosted its position in shares of Invesco KBW High Dividend Yield Financial ETF by 2.0% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 54,766 shares of the company’s stock valued at $748,000 after purchasing an additional 1,086 shares in the last quarter. Stratos Wealth Partners LTD. grew its stake in Invesco KBW High Dividend Yield Financial ETF by 11.9% in the fourth quarter. Stratos Wealth Partners LTD. now owns 11,912 shares of the company’s stock worth $163,000 after purchasing an additional 1,271 shares during the period. Finally, Advyzon Investment Management LLC raised its holdings in Invesco KBW High Dividend Yield Financial ETF by 12.4% in the fourth quarter. Advyzon Investment Management LLC now owns 12,083 shares of the company’s stock worth $165,000 after purchasing an additional 1,332 shares in the last quarter.

About Invesco KBW High Dividend Yield Financial ETF

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.