Citizens Financial Group Inc. RI Purchases 267 Shares of Invesco Dividend Achievers ETF (NASDAQ:PFM)

Citizens Financial Group Inc. RI grew its holdings in shares of Invesco Dividend Achievers ETF (NASDAQ:PFM) by 0.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 117,939 shares of the company’s stock after purchasing an additional 267 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Invesco Dividend Achievers ETF were worth $5,032,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Cullen Frost Bankers Inc. purchased a new position in shares of Invesco Dividend Achievers ETF in the second quarter valued at $34,000. Tidemark LLC bought a new position in Invesco Dividend Achievers ETF in the 4th quarter worth about $47,000. Ashton Thomas Private Wealth LLC purchased a new position in Invesco Dividend Achievers ETF during the 2nd quarter valued at about $61,000. Consolidated Planning Corp bought a new stake in shares of Invesco Dividend Achievers ETF during the second quarter valued at about $275,000. Finally, Steward Partners Investment Solutions LLC bought a new stake in shares of Invesco Dividend Achievers ETF during the fourth quarter valued at about $288,000.

Invesco Dividend Achievers ETF Trading Up 0.5 %

PFM stock opened at $46.25 on Tuesday. The firm has a 50 day moving average of $44.50 and a 200-day moving average of $42.95. The firm has a market capitalization of $702.09 million, a P/E ratio of 22.62 and a beta of 0.83. Invesco Dividend Achievers ETF has a 12 month low of $35.18 and a 12 month high of $46.26.

Invesco Dividend Achievers ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were issued a $0.1922 dividend. This represents a $0.77 annualized dividend and a yield of 1.66%. This is an increase from Invesco Dividend Achievers ETF’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Monday, June 24th.

About Invesco Dividend Achievers ETF

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.