Steward Partners Investment Advisory LLC Buys 756 Shares of Invesco Dividend Achievers ETF (NASDAQ:PFM)

Steward Partners Investment Advisory LLC increased its stake in Invesco Dividend Achievers ETF (NASDAQ:PFM) by 1.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,118 shares of the company’s stock after purchasing an additional 756 shares during the period. Steward Partners Investment Advisory LLC owned 0.28% of Invesco Dividend Achievers ETF worth $1,977,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. Citizens Financial Group Inc. RI raised its position in shares of Invesco Dividend Achievers ETF by 0.6% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 118,692 shares of the company’s stock valued at $5,525,000 after acquiring an additional 753 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of Invesco Dividend Achievers ETF by 11.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 8,127 shares of the company’s stock valued at $373,000 after acquiring an additional 815 shares during the last quarter. MML Investors Services LLC raised its position in shares of Invesco Dividend Achievers ETF by 1.8% during the 3rd quarter. MML Investors Services LLC now owns 58,741 shares of the company’s stock valued at $2,734,000 after acquiring an additional 1,054 shares during the last quarter. ST Germain D J Co. Inc. bought a new stake in shares of Invesco Dividend Achievers ETF during the 4th quarter valued at $55,000. Finally, CreativeOne Wealth LLC raised its position in shares of Invesco Dividend Achievers ETF by 2.3% during the 3rd quarter. CreativeOne Wealth LLC now owns 59,447 shares of the company’s stock valued at $2,767,000 after acquiring an additional 1,361 shares during the last quarter.

Invesco Dividend Achievers ETF Stock Performance

Shares of Invesco Dividend Achievers ETF stock opened at $47.01 on Friday. The firm has a fifty day moving average of $47.00 and a two-hundred day moving average of $46.71. The stock has a market capitalization of $718.78 million, a price-to-earnings ratio of 24.76 and a beta of 0.83. Invesco Dividend Achievers ETF has a 52 week low of $40.43 and a 52 week high of $48.28.

Invesco Dividend Achievers ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a $0.1813 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco Dividend Achievers ETF Company 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.