Arkadios Wealth Advisors Has $264,000 Stake in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Arkadios Wealth Advisors reduced its holdings in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 5.7% in the first quarter, HoldingsChannel.com reports. The fund owned 13,500 shares of the company’s stock after selling 820 shares during the quarter. Arkadios Wealth Advisors’ holdings in Invesco KBW High Dividend Yield Financial ETF were worth $264,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Morgan Stanley grew its holdings in Invesco KBW High Dividend Yield Financial ETF by 48.7% during the 4th quarter. Morgan Stanley now owns 698,452 shares of the company’s stock worth $11,566,000 after acquiring an additional 228,857 shares during the period. LPL Financial LLC grew its holdings in Invesco KBW High Dividend Yield Financial ETF by 19.8% during the 4th quarter. LPL Financial LLC now owns 316,665 shares of the company’s stock worth $5,244,000 after acquiring an additional 52,361 shares during the period. Centaurus Financial Inc. grew its holdings in Invesco KBW High Dividend Yield Financial ETF by 84.5% during the 4th quarter. Centaurus Financial Inc. now owns 72,449 shares of the company’s stock worth $1,200,000 after acquiring an additional 33,172 shares during the period. Kestra Advisory Services LLC grew its holdings in Invesco KBW High Dividend Yield Financial ETF by 43.1% during the 4th quarter. Kestra Advisory Services LLC now owns 70,087 shares of the company’s stock worth $1,152,000 after acquiring an additional 21,125 shares during the period. Finally, Mariner LLC acquired a new stake in Invesco KBW High Dividend Yield Financial ETF during the 4th quarter worth about $828,000.

KBWD stock opened at $20.40 on Tuesday. The company’s 50-day moving average is $19.95 and its 200-day moving average is $17.81. Invesco KBW High Dividend Yield Financial ETF has a 1 year low of $10.77 and a 1 year high of $20.53.

The business also recently disclosed a monthly dividend, which was paid on Friday, April 30th. Stockholders of record on Tuesday, April 20th were given a dividend of $0.116 per share. This represents a $1.39 dividend on an annualized basis and a dividend yield of 6.82%. The ex-dividend date of this dividend was Monday, April 19th. This is a boost from Invesco KBW High Dividend Yield Financial ETF’s previous monthly dividend of $0.11.

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Institutional Ownership by Quarter for Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

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