SteelPeak Wealth LLC Grows Holdings in Invesco Dividend Achievers ETF (NASDAQ:PFM)

SteelPeak Wealth LLC increased its stake in Invesco Dividend Achievers ETF (NASDAQ:PFM) by 229.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 56,947 shares of the company’s stock after acquiring an additional 39,664 shares during the quarter. SteelPeak Wealth LLC’s holdings in Invesco Dividend Achievers ETF were worth $2,612,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in PFM. Creative Planning grew its holdings in Invesco Dividend Achievers ETF by 2.8% during the 2nd quarter. Creative Planning now owns 9,313 shares of the company’s stock worth $397,000 after acquiring an additional 256 shares in the last quarter. Citizens Financial Group Inc. RI lifted its position in shares of Invesco Dividend Achievers ETF by 0.6% during the third quarter. Citizens Financial Group Inc. RI now owns 118,692 shares of the company’s stock worth $5,525,000 after purchasing an additional 753 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in Invesco Dividend Achievers ETF by 11.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 8,127 shares of the company’s stock worth $373,000 after purchasing an additional 815 shares in the last quarter. Bank of Montreal Can increased its holdings in Invesco Dividend Achievers ETF by 5.2% in the second quarter. Bank of Montreal Can now owns 17,637 shares of the company’s stock valued at $756,000 after buying an additional 869 shares during the last quarter. Finally, MML Investors Services LLC raised its stake in Invesco Dividend Achievers ETF by 1.8% during the third quarter. MML Investors Services LLC now owns 58,741 shares of the company’s stock valued at $2,734,000 after buying an additional 1,054 shares in the last quarter.

Invesco Dividend Achievers ETF Stock Down 0.2 %

NASDAQ:PFM opened at $47.36 on Wednesday. The company has a market cap of $721.77 million, a PE ratio of 22.62 and a beta of 0.83. The business’s 50 day moving average is $46.84 and its two-hundred day moving average is $46.01. Invesco Dividend Achievers ETF has a 52 week low of $40.21 and a 52 week high of $48.28.

Invesco Dividend Achievers ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a dividend of $0.1813 per share. The ex-dividend date was Monday, December 23rd.

Invesco Dividend Achievers ETF Company Profile

PowerShares Dividend Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Broad Dividend Achievers Index (the Index). The Index is designed to identify a diversified group of dividend paying companies. These companies have increased their annual dividend for 10 or more consecutive fiscal years.