First Horizon Advisors Inc. Grows Stake in Invesco International Dividend Achievers ETF (NASDAQ:PID)

First Horizon Advisors Inc. boosted its holdings in Invesco International Dividend Achievers ETF (NASDAQ:PID) by 5.3% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 363,310 shares of the company’s stock after acquiring an additional 18,193 shares during the quarter. First Horizon Advisors Inc. owned 0.78% of Invesco International Dividend Achievers ETF worth $6,511,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Principal Securities Inc. purchased a new position in shares of Invesco International Dividend Achievers ETF during the 4th quarter valued at about $64,000. Northwest Financial Advisors bought a new stake in shares of Invesco International Dividend Achievers ETF in the 4th quarter valued at about $78,000. EP Wealth Advisors LLC bought a new stake in shares of Invesco International Dividend Achievers ETF in the 4th quarter valued at about $135,000. Investmark Advisory Group LLC purchased a new stake in Invesco International Dividend Achievers ETF during the 1st quarter valued at about $185,000. Finally, Calton & Associates Inc. bought a new position in Invesco International Dividend Achievers ETF during the 4th quarter worth approximately $209,000. Institutional investors own 46.28% of the company’s stock.

Invesco International Dividend Achievers ETF Price Performance

Shares of NASDAQ:PID remained flat at $19.30 during midday trading on Tuesday. 6,054 shares of the stock traded hands, compared to its average volume of 139,051. The stock’s 50 day simple moving average is $18.40 and its 200 day simple moving average is $18.31. The stock has a market cap of $887.22 million, a PE ratio of 19.28 and a beta of 0.94. Invesco International Dividend Achievers ETF has a 52-week low of $15.82 and a 52-week high of $19.36.

Invesco International Dividend Achievers ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were given a $0.229 dividend. The ex-dividend date was Monday, June 24th. This represents a $0.92 annualized dividend and a dividend yield of 4.75%. This is a positive change from Invesco International Dividend Achievers ETF’s previous quarterly dividend of $0.18.

Invesco International Dividend Achievers ETF Company Profile

The Invesco International Dividend Achievers ETF (PID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-yield-weighted index of foreign securities with high dividend growth. PID was launched on Sep 15, 2005 and is managed by Invesco.