Consolidated Planning Corp Makes New $307,000 Investment in Invesco Dividend Achievers ETF (NASDAQ:PFM)

Consolidated Planning Corp purchased a new stake in Invesco Dividend Achievers ETF (NASDAQ:PFM) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 6,694 shares of the company’s stock, valued at approximately $307,000.

A number of other institutional investors also recently modified their holdings of the company. Dorsey Wright & Associates bought a new position in Invesco Dividend Achievers ETF in the third quarter valued at $2,329,000. SteelPeak Wealth LLC grew its stake in shares of Invesco Dividend Achievers ETF by 229.5% in the fourth quarter. SteelPeak Wealth LLC now owns 56,947 shares of the company’s stock valued at $2,612,000 after buying an additional 39,664 shares in the last quarter. Miracle Mile Advisors LLC acquired a new position in Invesco Dividend Achievers ETF during the fourth quarter worth $1,090,000. Stratos Wealth Partners LTD. raised its position in Invesco Dividend Achievers ETF by 21.3% during the third quarter. Stratos Wealth Partners LTD. now owns 126,968 shares of the company’s stock worth $5,910,000 after acquiring an additional 22,261 shares in the last quarter. Finally, Raymond James & Associates lifted its stake in Invesco Dividend Achievers ETF by 3.9% in the third quarter. Raymond James & Associates now owns 384,769 shares of the company’s stock valued at $17,911,000 after acquiring an additional 14,462 shares during the last quarter.

Invesco Dividend Achievers ETF Price Performance

Shares of PFM opened at $48.05 on Friday. The company has a market cap of $734.68 million, a PE ratio of 22.62 and a beta of 0.83. The firm has a 50-day moving average of $46.79 and a 200-day moving average of $46.29. Invesco Dividend Achievers ETF has a one year low of $40.43 and a one year high of $48.28.

Invesco Dividend Achievers ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.1813 per share. The ex-dividend date was Monday, December 23rd.

Invesco Dividend Achievers ETF Profile

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.