Three Cord True Wealth Management LLC Buys Shares of 11,021 Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD)

Three Cord True Wealth Management LLC purchased a new stake in shares of Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 11,021 shares of the company’s stock, valued at approximately $559,000. Invesco Dow Jones Industrial Average Dividend ETF accounts for about 0.5% of Three Cord True Wealth Management LLC’s holdings, making the stock its 17th biggest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Retirement Planning Group LLC NY purchased a new stake in Invesco Dow Jones Industrial Average Dividend ETF during the fourth quarter valued at $1,914,000. Cetera Investment Advisers lifted its stake in shares of Invesco Dow Jones Industrial Average Dividend ETF by 2.7% in the 4th quarter. Cetera Investment Advisers now owns 40,297 shares of the company’s stock worth $2,044,000 after purchasing an additional 1,063 shares during the period. Jaffetilchin Investment Partners LLC boosted its holdings in shares of Invesco Dow Jones Industrial Average Dividend ETF by 6.5% in the fourth quarter. Jaffetilchin Investment Partners LLC now owns 9,410 shares of the company’s stock worth $477,000 after buying an additional 578 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Invesco Dow Jones Industrial Average Dividend ETF in the fourth quarter worth approximately $1,859,000. Finally, Envestnet Asset Management Inc. grew its position in Invesco Dow Jones Industrial Average Dividend ETF by 13.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 27,479 shares of the company’s stock valued at $1,394,000 after buying an additional 3,207 shares during the period.

Invesco Dow Jones Industrial Average Dividend ETF Trading Down 0.2%

Shares of DJD stock opened at $51.17 on Friday. Invesco Dow Jones Industrial Average Dividend ETF has a 12 month low of $46.64 and a 12 month high of $54.84. The stock has a market cap of $338.23 million, a P/E ratio of 18.26 and a beta of 0.80. The company has a 50 day simple moving average of $50.74 and a two-hundred day simple moving average of $52.00.

About Invesco Dow Jones Industrial Average Dividend ETF

The Invesco Dow Jones Industrial Average Dividend ETF (DJD) is an exchange-traded fund that mostly invests in large cap equity. The fund follows an index comprising dividend-paying securities of the companies listed on the Dow Jones Industrial Average, weighted by yield. DJD was launched on Dec 16, 2015 and is managed by Invesco.