Advisors Preferred LLC Makes New Investment in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Advisors Preferred LLC purchased a new position in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 17,747 shares of the company’s stock, valued at approximately $262,000.

Other large investors have also bought and sold shares of the company. CWM LLC lifted its position in shares of Invesco KBW High Dividend Yield Financial ETF by 5.3% during the third quarter. CWM LLC now owns 29,781 shares of the company’s stock valued at $455,000 after purchasing an additional 1,507 shares in the last quarter. Good Life Advisors LLC bought a new position in shares of Invesco KBW High Dividend Yield Financial ETF during the third quarter valued at about $266,000. Farther Finance Advisors LLC lifted its position in shares of Invesco KBW High Dividend Yield Financial ETF by 46.5% during the third quarter. Farther Finance Advisors LLC now owns 10,748 shares of the company’s stock valued at $164,000 after purchasing an additional 3,412 shares in the last quarter. CreativeOne Wealth LLC bought a new position in shares of Invesco KBW High Dividend Yield Financial ETF during the third quarter valued at about $255,000. Finally, Mission Hills Financial Advisory LLC lifted its position in shares of 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

KBWD opened at $15.27 on Friday. The company’s 50-day moving average is $14.93 and its 200 day moving average is $15.12. Invesco KBW High Dividend Yield Financial ETF has a fifty-two week low of $14.12 and a fifty-two week high of $16.38. The firm has a market capitalization of $430.61 million, a P/E ratio of 8.21 and a beta of 1.40.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The company also recently declared 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. This is a positive change from Invesco KBW High Dividend Yield Financial ETF’s previous dividend of $0.14. The ex-dividend date was Tuesday, January 21st.

Invesco KBW High Dividend Yield Financial ETF 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.