Oregon Pacific Wealth Management LLC Makes New Investment in Invesco KBW Bank ETF $KBWB

Oregon Pacific Wealth Management LLC purchased a new stake in Invesco KBW Bank ETF (NASDAQ:KBWB) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 10,441 shares of the company’s stock, valued at approximately $880,000. Invesco KBW Bank ETF comprises 0.9% of Oregon Pacific Wealth Management LLC’s portfolio, making the stock its 19th biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. City Center Advisors LLC lifted its stake in Invesco KBW Bank ETF by 2.7% during the third quarter. City Center Advisors LLC now owns 7,990 shares of the company’s stock worth $625,000 after purchasing an additional 213 shares during the last quarter. Quadcap Wealth Management LLC increased its stake in Invesco KBW Bank ETF by 0.4% during the third quarter. Quadcap Wealth Management LLC now owns 55,017 shares of the company’s stock valued at $4,303,000 after purchasing an additional 235 shares during the last quarter. Investment Management Corp VA ADV raised its holdings in shares of Invesco KBW Bank ETF by 2.0% during the third quarter. Investment Management Corp VA ADV now owns 13,183 shares of the company’s stock worth $1,031,000 after purchasing an additional 256 shares during the period. Wilmington Savings Fund Society FSB raised its holdings in shares of Invesco KBW Bank ETF by 5.7% during the third quarter. Wilmington Savings Fund Society FSB now owns 5,280 shares of the company’s stock worth $413,000 after purchasing an additional 283 shares during the period. Finally, Founders Financial Securities LLC lifted its position in shares of Invesco KBW Bank ETF by 1.1% in the 3rd quarter. Founders Financial Securities LLC now owns 30,915 shares of the company’s stock worth $2,418,000 after buying an additional 329 shares during the last quarter.

Invesco KBW Bank ETF Stock Performance

NASDAQ KBWB opened at $80.29 on Friday. Invesco KBW Bank ETF has a one year low of $51.13 and a one year high of $91.43. The company has a 50-day simple moving average of $82.65 and a 200-day simple moving average of $81.16. The firm has a market capitalization of $4.92 billion, a PE ratio of 13.35 and a beta of 1.11.

Invesco KBW Bank ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a $0.4898 dividend. This is an increase from Invesco KBW Bank ETF’s previous quarterly dividend of $0.44. This represents a $1.96 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Monday, March 23rd.

About Invesco KBW Bank ETF

The Invesco KBW Bank ETF (KBWB) is an exchange-traded fund that is based on the KBW Nasdaq Bank index, a modified market-cap-weighted index of US banking firms. KBWB was launched on Nov 1, 2011 and is managed by Invesco.