Private Advisor Group LLC Has $1.35 Million Position in Invesco Dividend Achievers ETF (NASDAQ:PFM)

Posted by Editorial Team on Feb 28th, 2025

Private Advisor Group LLC trimmed its holdings in shares of Invesco Dividend Achievers ETF (NASDAQ:PFM – Free Report) by 8.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 29,393 shares of the company’s stock after selling 2,663 shares during the period. Private Advisor Group LLC’s holdings in Invesco Dividend Achievers ETF were worth $1,348,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of PFM. ST Germain D J Co. Inc. bought a new position in shares of Invesco Dividend Achievers ETF in the 4th quarter valued at about $55,000. American Capital Advisory LLC acquired a new stake in Invesco Dividend Achievers ETF in the 3rd quarter valued at about $63,000. Private Wealth Management Group LLC bought a new position in Invesco Dividend Achievers ETF during the fourth quarter worth about $74,000. Golden State Wealth Management LLC acquired a new position in Invesco Dividend Achievers ETF during the fourth quarter worth approximately $99,000. Finally, Simmons Bank bought a new stake in Invesco Dividend Achievers ETF in the third quarter valued at approximately $200,000.

Invesco Dividend Achievers ETF Trading Down 0.4 %

Shares of NASDAQ PFM opened at $47.19 on Friday. The company has a market capitalization of $721.54 million, a P/E 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 has a 50 day moving average of $46.92 and a 200-day moving average of $46.58.

Invesco Dividend Achievers ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.1813 dividend. The ex-dividend date was Monday, December 23rd.

Invesco Dividend Achievers ETF Profile

(Free Report)

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.