Aptus Capital Advisors LLC Purchases 1,400 Shares of Invesco Dividend Achievers ETF (NASDAQ:PFM)

Aptus Capital Advisors LLC grew its position in Invesco Dividend Achievers ETF (NASDAQ:PFMFree Report) by 55.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 3,920 shares of the company’s stock after purchasing an additional 1,400 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Invesco Dividend Achievers ETF were worth $143,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Coastal Investment Advisors Inc. purchased a new stake in shares of Invesco Dividend Achievers ETF during the 2nd quarter worth $31,000. Pacific Center for Financial Services purchased a new stake in shares of Invesco Dividend Achievers ETF during the 1st quarter worth $30,000. FinTrust Capital Advisors LLC purchased a new stake in shares of Invesco Dividend Achievers ETF during the 4th quarter worth $33,000. Castleview Partners LLC purchased a new stake in shares of Invesco Dividend Achievers ETF during the 2nd quarter worth $38,000. Finally, Impact Partnership Wealth LLC purchased a new stake in shares of Invesco Dividend Achievers ETF during the 3rd quarter worth $40,000.

Invesco Dividend Achievers ETF Price Performance

Shares of NASDAQ PFM opened at $40.99 on Tuesday. The stock has a market capitalization of $635.75 million, a P/E ratio of 16.29 and a beta of 0.83. Invesco Dividend Achievers ETF has a 1-year low of $34.84 and a 1-year high of $41.08. The business has a fifty day moving average price of $39.91 and a 200 day moving average price of $38.35.

Invesco Dividend Achievers ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 22nd. Investors of record on Tuesday, December 19th were paid a dividend of $0.2055 per share. This represents a $0.82 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date was Monday, December 18th.

About Invesco Dividend Achievers ETF

(Free Report)

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.

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Want to see what other hedge funds are holding PFM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Dividend Achievers ETF (NASDAQ:PFMFree Report).

Institutional Ownership by Quarter for Invesco Dividend Achievers ETF (NASDAQ:PFM)

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