SFG Wealth Management LLC. Takes Position in Invesco International Dividend Achievers ETF (NASDAQ:PID)

SFG Wealth Management LLC. bought a new position in shares of Invesco International Dividend Achievers ETF (NASDAQ:PID) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 31,796 shares of the company’s stock, valued at approximately $606,000. SFG Wealth Management LLC. owned 0.07% of Invesco International Dividend Achievers ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of PID. Aurora Private Wealth Inc. bought a new position in shares of Invesco International Dividend Achievers ETF during the 1st quarter worth approximately $709,000. Cambridge Investment Research Advisors Inc. raised its stake in Invesco International Dividend Achievers ETF by 2.6% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 230,445 shares of the company’s stock valued at $4,395,000 after buying an additional 5,758 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Invesco International Dividend Achievers ETF by 22.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 363,582 shares of the company’s stock valued at $6,934,000 after purchasing an additional 67,401 shares in the last quarter. Focus Financial Network Inc. lifted its position in Invesco International Dividend Achievers ETF by 0.5% during the 1st quarter. Focus Financial Network Inc. now owns 226,313 shares of the company’s stock worth $4,316,000 after acquiring an additional 1,180 shares during the period. Finally, GAMMA Investing LLC purchased a new stake in Invesco International Dividend Achievers ETF in the first quarter valued at approximately $34,000. Institutional investors own 46.28% of the company’s stock.

Invesco International Dividend Achievers ETF Stock Down 0.8%

NASDAQ:PID opened at $20.10 on Thursday. Invesco International Dividend Achievers ETF has a 52 week low of $17.31 and a 52 week high of $20.98. The stock’s 50-day moving average price is $20.06 and its 200-day moving average price is $19.25. The stock has a market capitalization of $846.81 million, a PE ratio of 16.05 and a beta of 0.94.

Invesco International Dividend Achievers ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Monday, June 23rd will be issued a $0.2637 dividend. This is an increase from Invesco International Dividend Achievers ETF’s previous quarterly dividend of $0.21. The ex-dividend date is Monday, June 23rd. This represents a $1.05 dividend on an annualized basis and a yield of 5.25%.

Invesco International Dividend Achievers ETF Company 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.