2,151 Shares in Invesco Dividend Achievers ETF (NASDAQ:PFM) Bought by Golden State Wealth Management LLC

Golden State Wealth Management LLC purchased a new stake in Invesco Dividend Achievers ETF (NASDAQ:PFM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,151 shares of the company’s stock, valued at approximately $99,000.

Other hedge funds also recently made changes to their positions in the company. Creative Planning increased its stake in Invesco Dividend Achievers ETF by 2.8% in the second quarter. Creative Planning now owns 9,313 shares of the company’s stock valued at $397,000 after acquiring an additional 256 shares during the period. Cetera Investment Advisers grew its stake in shares of Invesco Dividend Achievers ETF by 11.3% in the 2nd quarter. Cetera Investment Advisers now owns 52,633 shares of the company’s stock valued at $2,246,000 after purchasing an additional 5,336 shares during the period. Paladin Wealth LLC acquired a new position in shares of Invesco Dividend Achievers ETF in the 3rd quarter worth approximately $70,000. Good Life Advisors LLC lifted its position in shares of Invesco Dividend Achievers ETF by 100.2% during the 3rd quarter. Good Life Advisors LLC now owns 11,898 shares of the company’s stock worth $554,000 after buying an additional 5,955 shares during the period. Finally, Stratos Wealth Partners LTD. boosted its stake in Invesco Dividend Achievers ETF by 21.3% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 126,968 shares of the company’s stock valued at $5,910,000 after buying an additional 22,261 shares in the last quarter.

Invesco Dividend Achievers ETF Price Performance

Shares of NASDAQ:PFM opened at $47.40 on Monday. The business’s fifty day moving average price is $46.80 and its two-hundred day moving average price is $46.20. Invesco Dividend Achievers ETF has a fifty-two week low of $40.21 and a fifty-two week high of $48.28. The stock has a market capitalization of $724.75 million, a price-to-earnings ratio of 22.62 and a beta of 0.83.

Invesco Dividend Achievers ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.1813 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.