Allworth Financial LP Has $123,000 Stock Position in Invesco Dividend Achievers ETF (NASDAQ:PFM)

Allworth Financial LP lowered its stake in Invesco Dividend Achievers ETF (NASDAQ:PFM) by 39.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 2,601 shares of the company’s stock after selling 1,665 shares during the period. Allworth Financial LP’s holdings in Invesco Dividend Achievers ETF were worth $123,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Raymond James & Associates lifted its stake in shares of Invesco Dividend Achievers ETF by 3.9% in the 3rd quarter. Raymond James & Associates now owns 384,769 shares of the company’s stock valued at $17,911,000 after purchasing an additional 14,462 shares during the period. Citizens Financial Group Inc. RI lifted its stake in shares of Invesco Dividend Achievers ETF by 0.6% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 118,692 shares of the company’s stock valued at $5,525,000 after purchasing an additional 753 shares during the period. CreativeOne Wealth LLC lifted its stake in shares of Invesco Dividend Achievers ETF by 2.3% in the 3rd quarter. CreativeOne Wealth LLC now owns 59,447 shares of the company’s stock valued at $2,767,000 after purchasing an additional 1,361 shares during the period. MML Investors Services LLC lifted its stake in shares of Invesco Dividend Achievers ETF by 1.8% in the 3rd quarter. MML Investors Services LLC now owns 58,741 shares of the company’s stock valued at $2,734,000 after purchasing an additional 1,054 shares during the period. Finally, SteelPeak Wealth LLC lifted its stake in shares of Invesco Dividend Achievers ETF by 229.5% in the 4th quarter. SteelPeak Wealth LLC now owns 56,947 shares of the company’s stock valued at $2,612,000 after purchasing an additional 39,664 shares during the period.

Invesco Dividend Achievers ETF Trading Down 0.9 %

Shares of Invesco Dividend Achievers ETF stock opened at $47.48 on Monday. The company has a market capitalization of $725.97 million, a PE ratio of 24.76 and a beta of 0.83. Invesco Dividend Achievers ETF has a 12 month low of $40.43 and a 12 month high of $48.28. The stock’s fifty day simple moving average is $46.86 and its 200 day simple moving average is $46.49.

Invesco Dividend Achievers ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a dividend of $0.1813 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco Dividend Achievers ETF

PowerShares Dividend Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Broad Dividend Achievers Index (the Index). The Index is designed to identify a diversified group of dividend paying companies. These companies have increased their annual dividend for 10 or more consecutive fiscal years.