Endowment Wealth Management Inc. Buys 3,563 Shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Endowment Wealth Management Inc. increased its holdings in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 11.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 33,801 shares of the company’s stock after buying an additional 3,563 shares during the quarter. Endowment Wealth Management Inc. owned 0.12% of Invesco KBW High Dividend Yield Financial ETF worth $496,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of KBWD. Founders Financial Alliance LLC lifted its position in Invesco KBW High Dividend Yield Financial ETF by 10.1% during the fourth quarter. Founders Financial Alliance LLC now owns 7,490 shares of the company’s stock worth $110,000 after acquiring an additional 687 shares during the last quarter. Advyzon Investment Management LLC bought a new stake in Invesco KBW High Dividend Yield Financial ETF during the fourth quarter worth $151,000. IFP Advisors Inc increased its holdings in Invesco KBW High Dividend Yield Financial ETF by 23.5% during the fourth quarter. IFP Advisors Inc now owns 10,750 shares of the company’s stock worth $158,000 after buying an additional 2,048 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in Invesco KBW High Dividend Yield Financial ETF by 46.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,748 shares of the company’s stock valued at $164,000 after acquiring an additional 3,412 shares during the period. Finally, Adell Harriman & Carpenter Inc. bought a new stake in Invesco KBW High Dividend Yield Financial ETF during the fourth quarter worth about $180,000.

Invesco KBW High Dividend Yield Financial ETF Stock Performance

Shares of Invesco KBW High Dividend Yield Financial ETF stock opened at $15.02 on Tuesday. The stock has a market capitalization of $423.56 million, a price-to-earnings ratio of 9.75 and a beta of 1.40. The company’s 50 day moving average price is $15.07 and its 200-day moving average price is $15.12. Invesco KBW High Dividend Yield Financial ETF has a 52-week low of $14.12 and a 52-week high of $16.38.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were issued a $0.1463 dividend. The ex-dividend date was Monday, February 24th. This is a positive change from Invesco KBW High Dividend Yield Financial ETF’s previous dividend of $0.15.

Invesco KBW High Dividend Yield Financial ETF Company 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.