Breakwater Capital Group Reduces Stake in Invesco International Dividend Achievers ETF (NASDAQ:PID)

Breakwater Capital Group reduced its position in Invesco International Dividend Achievers ETF (NASDAQ:PID) by 3.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,917 shares of the company’s stock after selling 1,656 shares during the period. Breakwater Capital Group owned about 0.10% of Invesco International Dividend Achievers ETF worth $780,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Oakworth Capital Inc. purchased a new position in Invesco International Dividend Achievers ETF in the 4th quarter valued at approximately $33,000. Stonebridge Financial Group LLC purchased a new position in Invesco International Dividend Achievers ETF in the 4th quarter valued at approximately $45,000. Bank of Montreal Can purchased a new position in Invesco International Dividend Achievers ETF in the 4th quarter valued at approximately $93,000. Genesis Wealth Advisors LLC purchased a new position in Invesco International Dividend Achievers ETF during the fourth quarter worth $196,000. Finally, Riverchase Wealth Management LLC purchased a new position in Invesco International Dividend Achievers ETF during the fourth quarter worth $237,000. 46.28% of the stock is owned by hedge funds and other institutional investors.

Invesco International Dividend Achievers ETF Stock Performance

Invesco International Dividend Achievers ETF stock opened at $20.51 on Friday. The stock has a fifty day moving average of $19.46 and a two-hundred day moving average of $19.12. The company has a market capitalization of $864.09 million, a price-to-earnings ratio of 17.97 and a beta of 0.94. Invesco International Dividend Achievers ETF has a fifty-two week low of $17.31 and a fifty-two week high of $20.63.

Invesco International Dividend Achievers ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.1665 per share. This is an increase from Invesco International Dividend Achievers ETF’s previous dividend of $0.09. The ex-dividend date was Monday, March 24th.

Invesco International Dividend Achievers ETF Profile

The Invesco International Dividend Achievers ETF (PID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-yield-weighted index of foreign securities with high dividend growth. PID was launched on Sep 15, 2005 and is managed by Invesco.