Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) to Issue Dividend Increase – $0.15 Per Share

Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) declared a monthly dividend on Monday, November 20th, NASDAQ reports. Shareholders of record on Tuesday, November 21st will be given a dividend of 0.1467 per share on Friday, November 24th. This represents a $1.76 annualized dividend and a yield of 12.01%. The ex-dividend date of this dividend is Monday, November 20th. This is a positive change from Invesco KBW High Dividend Yield Financial ETF’s previous monthly dividend of $0.14.

Invesco KBW High Dividend Yield Financial ETF Price Performance

NASDAQ:KBWD opened at $14.66 on Tuesday. Invesco KBW High Dividend Yield Financial ETF has a one year low of $13.04 and a one year high of $17.78. The company has a market cap of $348.32 million, a PE ratio of 10.40 and a beta of 1.40. The firm’s 50 day simple moving average is $14.60 and its 200 day simple moving average is $15.13.

Hedge Funds Weigh In On Invesco KBW High Dividend Yield Financial ETF

Hedge funds have recently bought and sold shares of the company. Money Concepts Capital Corp bought a new position in shares of Invesco KBW High Dividend Yield Financial ETF in the 4th quarter worth about $28,000. Captrust Financial Advisors acquired a new position in Invesco KBW High Dividend Yield Financial ETF during the first quarter worth $37,000. First Capital Advisors Group LLC. bought a new position in shares of Invesco KBW High Dividend Yield Financial ETF in the fourth quarter valued at $55,000. IFP Advisors Inc grew its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 34.7% during the second quarter. IFP Advisors Inc now owns 5,491 shares of the company’s stock valued at $86,000 after buying an additional 1,415 shares during the last quarter. Finally, Arete Wealth Advisors LLC bought a new stake in shares of Invesco KBW High Dividend Yield Financial ETF during the first quarter worth about $175,000.

Invesco KBW High Dividend Yield Financial ETF Company Profile

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.