Townsquare Capital LLC Lowers Stake in Invesco International Dividend Achievers ETF (NASDAQ:PID)

Townsquare Capital LLC cut its stake in Invesco International Dividend Achievers ETF (NASDAQ:PID) by 5.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,208 shares of the company’s stock after selling 1,718 shares during the quarter. Townsquare Capital LLC owned about 0.07% of Invesco International Dividend Achievers ETF worth $538,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. WealthShield Partners LLC boosted its position in Invesco International Dividend Achievers ETF by 4.8% during the first quarter. WealthShield Partners LLC now owns 41,090 shares of the company’s stock valued at $784,000 after purchasing an additional 1,870 shares in the last quarter. Atria Wealth Solutions Inc. purchased a new stake in shares of Invesco International Dividend Achievers ETF during the first quarter valued at about $198,000. Cheviot Value Management LLC boosted its stake in Invesco International Dividend Achievers ETF by 48.3% in the first quarter. Cheviot Value Management LLC now owns 126,126 shares of the company’s stock valued at $2,475,000 after acquiring an additional 41,089 shares in the last quarter. US Bancorp DE acquired a new stake in Invesco International Dividend Achievers ETF in the first quarter valued at approximately $51,000. Finally, Alexander Randolph Advisory Inc. grew its holdings in Invesco International Dividend Achievers ETF by 3.4% in the first quarter. Alexander Randolph Advisory Inc. now owns 25,245 shares of the company’s stock worth $481,000 after purchasing an additional 840 shares during the last quarter. 46.28% of the stock is currently owned by hedge funds and other institutional investors.

Invesco International Dividend Achievers ETF Trading Up 0.3%

Shares of PID stock opened at $21.15 on Friday. The company has a market cap of $868.42 million, a PE ratio of 15.28 and a beta of 0.94. Invesco International Dividend Achievers ETF has a 12-month low of $17.31 and a 12-month high of $21.23. The business’s fifty day simple moving average is $20.72 and its 200-day simple moving average is $19.81.

Invesco International Dividend Achievers ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Monday, June 23rd were paid a $0.2637 dividend. This represents a $1.05 dividend on an annualized basis and a yield of 5.0%. This is a boost from Invesco International Dividend Achievers ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 23rd.

Invesco International Dividend Achievers ETF Profile

The Invesco International Dividend Achievers ETF (PID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-yield-weighted index of foreign securities with high dividend growth. PID was launched on Sep 15, 2005 and is managed by Invesco.