LPL Financial LLC Has $26.04 Million Stock Position in Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD)

LPL Financial LLC lessened its holdings in Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) by 1.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 513,497 shares of the company’s stock after selling 7,587 shares during the quarter. LPL Financial LLC owned 0.08% of Invesco Dow Jones Industrial Average Dividend ETF worth $26,041,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Jones Financial Companies Lllp boosted its stake in Invesco Dow Jones Industrial Average Dividend ETF by 195.5% in the fourth quarter. Jones Financial Companies Lllp now owns 2,636 shares of the company’s stock valued at $134,000 after buying an additional 1,744 shares in the last quarter. Sigma Planning Corp acquired a new stake in shares of Invesco Dow Jones Industrial Average Dividend ETF in the 4th quarter valued at approximately $1,510,000. Commonwealth Equity Services LLC boosted its stake in shares of Invesco Dow Jones Industrial Average Dividend ETF by 0.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 61,523 shares of the company’s stock valued at $3,120,000 after purchasing an additional 352 shares in the last quarter. Wealthcare Advisory Partners LLC grew its holdings in shares of Invesco Dow Jones Industrial Average Dividend ETF by 11.4% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 23,007 shares of the company’s stock valued at $1,167,000 after purchasing an additional 2,350 shares during the last quarter. Finally, WealthPlan Investment Management LLC acquired a new position in Invesco Dow Jones Industrial Average Dividend ETF during the 4th quarter worth approximately $3,868,000.

Invesco Dow Jones Industrial Average Dividend ETF Price Performance

Shares of Invesco Dow Jones Industrial Average Dividend ETF stock opened at $52.31 on Friday. The company’s 50 day moving average price is $53.27 and its two-hundred day moving average price is $52.45. The firm has a market capitalization of $333.21 million, a P/E ratio of 19.29 and a beta of 0.83. Invesco Dow Jones Industrial Average Dividend ETF has a fifty-two week low of $45.82 and a fifty-two week high of $54.84.

Invesco Dow Jones Industrial Average Dividend ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.3619 per share. The ex-dividend date of this dividend was Monday, March 24th.

Invesco Dow Jones Industrial Average Dividend ETF Company Profile

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.