Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) Plans $0.14 Dividend

Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) declared a dividend on Monday, May 18th, NASDAQ Dividends reports. Investors of record on Monday, May 18th will be given a dividend of 0.1409 per share on Friday, May 22nd. The ex-dividend date is Monday, May 18th.

Invesco KBW High Dividend Yield Financial ETF Trading Down 1.5%

Shares of NASDAQ KBWD traded down $0.19 during midday trading on Monday, reaching $12.44. 512,241 shares of the company were exchanged, compared to its average volume of 391,879. Invesco KBW High Dividend Yield Financial ETF has a 1 year low of $12.05 and a 1 year high of $14.74. The stock has a fifty day simple moving average of $12.86 and a 200 day simple moving average of $13.45. The stock has a market cap of $416.62 million, a P/E ratio of 10.83 and a beta of 1.05.

Hedge Funds Weigh In On Invesco KBW High Dividend Yield Financial ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of America Corp DE increased its stake in Invesco KBW High Dividend Yield Financial ETF by 28.2% in the 3rd quarter. Bank of America Corp DE now owns 696,584 shares of the company’s stock valued at $9,425,000 after buying an additional 153,248 shares during the period. Raymond James Financial Inc. lifted its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 229.3% in the 2nd quarter. Raymond James Financial Inc. now owns 161,894 shares of the company’s stock worth $2,245,000 after acquiring an additional 112,725 shares during the period. Mission Hills Financial Advisory LLC lifted its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 14.9% in the 3rd quarter. Mission Hills Financial Advisory LLC now owns 745,613 shares of the company’s stock worth $10,088,000 after acquiring an additional 96,423 shares during the period. Kovack Advisors Inc. boosted its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 282.0% in the fourth quarter. Kovack Advisors Inc. now owns 69,322 shares of the company’s stock valued at $946,000 after acquiring an additional 51,177 shares in the last quarter. Finally, Quadrature Capital Ltd purchased a new stake in shares of Invesco KBW High Dividend Yield Financial ETF in the fourth quarter valued at about $566,000.

About Invesco KBW High Dividend Yield Financial ETF

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.