U.S. Capital Wealth Advisors LLC Sells 9,950 Shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

U.S. Capital Wealth Advisors LLC reduced its position in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 9.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 91,200 shares of the company’s stock after selling 9,950 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in Invesco KBW High Dividend Yield Financial ETF were worth $1,338,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. CWM LLC grew its position 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 worth $455,000 after purchasing an additional 1,507 shares during the period. Farther Finance Advisors LLC lifted its stake 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 valued at $164,000 after buying an additional 3,412 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 12.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 33,649 shares of the company’s stock valued at $494,000 after buying an additional 3,742 shares in the last quarter. CreativeOne Wealth LLC purchased a new stake in Invesco KBW High Dividend Yield Financial ETF in the 3rd quarter worth $255,000. Finally, Good Life Advisors LLC purchased a new stake in Invesco KBW High Dividend Yield Financial ETF in the 3rd quarter worth $266,000.

Invesco KBW High Dividend Yield Financial ETF Stock Up 0.6 %

Shares of KBWD stock opened at $15.21 on Wednesday. The stock has a market cap of $428.92 million, a P/E ratio of 8.21 and a beta of 1.40. Invesco KBW High Dividend Yield Financial ETF has a 52 week low of $14.12 and a 52 week high of $16.38. The company’s fifty day simple moving average is $14.95 and its two-hundred day simple moving average is $15.12.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were paid a $0.1452 dividend. The ex-dividend date was Tuesday, January 21st. This is a boost from Invesco KBW High Dividend Yield Financial ETF’s previous dividend of $0.14.

Invesco KBW High Dividend Yield Financial ETF Profile

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.