Citizens Financial Group Inc. RI Buys 383 Shares of Invesco Dividend Achievers ETF (NASDAQ:PFM)

Citizens Financial Group Inc. RI grew its position in Invesco Dividend Achievers ETF (NASDAQ:PFM) by 0.3% in the fourth quarter, Holdings Channel reports. The fund owned 119,075 shares of the company’s stock after acquiring an additional 383 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Invesco Dividend Achievers ETF were worth $5,461,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Stifel Financial Corp increased its position in Invesco Dividend Achievers ETF by 86.4% in the 3rd quarter. Stifel Financial Corp now owns 20,255 shares of the company’s stock valued at $943,000 after acquiring an additional 9,387 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Invesco Dividend Achievers ETF by 12.3% in the third quarter. JPMorgan Chase & Co. now owns 36,798 shares of the company’s stock worth $1,713,000 after purchasing an additional 4,036 shares during the last quarter. Atria Investments Inc acquired a new stake in Invesco Dividend Achievers ETF in the third quarter valued at $268,000. Modera Wealth Management LLC acquired a new stake in Invesco Dividend Achievers ETF in the fourth quarter valued at $206,000. Finally, ST Germain D J Co. Inc. acquired a new position in Invesco Dividend Achievers ETF during the 4th quarter worth about $55,000.

Invesco Dividend Achievers ETF Trading Down 1.3 %

NASDAQ PFM opened at $45.57 on Wednesday. The firm has a market capitalization of $696.77 million, a PE ratio of 23.86 and a beta of 0.83. The business’s 50-day moving average price is $47.00 and its two-hundred day moving average price is $46.73. Invesco Dividend Achievers ETF has a 12 month low of $40.43 and a 12 month high of $48.28.

Invesco Dividend Achievers ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.1813 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco Dividend Achievers ETF 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.