Advisors Preferred LLC Makes New $262,000 Investment in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Advisors Preferred LLC bought a new position in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 17,747 shares of the company’s stock, valued at approximately $262,000. Advisors Preferred LLC owned approximately 0.06% of Invesco KBW High Dividend Yield Financial ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Farther Finance Advisors LLC boosted its position in shares of 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 worth $164,000 after acquiring an additional 3,412 shares in the last quarter. CreativeOne Wealth LLC bought a new position in Invesco KBW High Dividend Yield Financial ETF in the 3rd quarter valued at approximately $255,000. Good Life Advisors LLC bought a new position in Invesco KBW High Dividend Yield Financial ETF in the 3rd quarter valued at approximately $266,000. RFG Advisory LLC bought a new position in Invesco KBW High Dividend Yield Financial ETF in the 4th quarter valued at approximately $285,000. Finally, CWM LLC lifted its stake in Invesco KBW High Dividend Yield Financial ETF by 5.3% in the 3rd quarter. CWM LLC now owns 29,781 shares of the company’s stock valued at $455,000 after purchasing an additional 1,507 shares during the last quarter.

Invesco KBW High Dividend Yield Financial ETF Price Performance

Shares of NASDAQ:KBWD opened at $15.27 on Friday. The company has a market cap of $430.61 million, a price-to-earnings ratio of 8.21 and a beta of 1.40. The firm has a 50 day simple moving average of $14.93 and a 200 day simple moving average of $15.12. Invesco KBW High Dividend Yield Financial ETF has a one year low of $14.12 and a one year 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, January 24th. Investors of record on Tuesday, January 21st were paid a $0.1452 dividend. This is an increase from Invesco KBW High Dividend Yield Financial ETF’s previous dividend of $0.14. The ex-dividend date was Tuesday, January 21st.

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.