Mpwm Advisory Solutions LLC Purchases Shares of 5,600 Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Mpwm Advisory Solutions LLC purchased a new stake in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 5,600 shares of the company’s stock, valued at approximately $82,000.

Other large investors also recently made changes to their positions in the company. Wells Fargo & Company MN boosted its position in Invesco KBW High Dividend Yield Financial ETF by 197.8% during the 4th quarter. Wells Fargo & Company MN now owns 1,012,486 shares of the company’s stock worth $14,853,000 after acquiring an additional 672,447 shares during the last quarter. Gradient Investments LLC lifted its position in shares of Invesco KBW High Dividend Yield Financial ETF by 6.3% in the fourth quarter. Gradient Investments LLC now owns 452,177 shares of the company’s stock worth $6,633,000 after purchasing an additional 26,636 shares in the last quarter. Two Sigma Investments LP lifted its position in shares of Invesco KBW High Dividend Yield Financial ETF by 54.2% in the fourth quarter. Two Sigma Investments LP now owns 181,500 shares of the company’s stock worth $2,663,000 after purchasing an additional 63,800 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in Invesco KBW High Dividend Yield Financial ETF by 15.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 73,183 shares of the company’s stock worth $1,074,000 after purchasing an additional 10,059 shares during the last quarter. Finally, Choreo LLC grew its position in Invesco KBW High Dividend Yield Financial ETF by 5.9% in the fourth quarter. Choreo LLC now owns 70,832 shares of the company’s stock valued at $1,039,000 after purchasing an additional 3,936 shares in the last quarter.

Invesco KBW High Dividend Yield Financial ETF Trading Down 1.2%

Shares of KBWD stock opened at $13.94 on Tuesday. The firm’s fifty day moving average price is $13.72 and its two-hundred day moving average price is $14.61. Invesco KBW High Dividend Yield Financial ETF has a 1 year low of $11.96 and a 1 year high of $16.38. The firm has a market capitalization of $401.19 million, a P/E ratio of 10.01 and a beta of 1.40.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Monday, May 19th will be issued a $0.1478 dividend. This is a boost from Invesco KBW High Dividend Yield Financial ETF’s previous monthly dividend of $0.15. The ex-dividend date is Monday, May 19th. This represents a $1.77 annualized dividend and a dividend yield of 12.72%.

About Invesco KBW High Dividend Yield Financial ETF

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.