Everstar Asset Management LLC Has $2.55 Million Stock Holdings in Invesco Dividend Achievers ETF $PFM

by · The Cerbat Gem

Everstar Asset Management LLC boosted its position in Invesco Dividend Achievers ETF (NASDAQ:PFM – Free Report) by 3.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,969 shares of the company’s stock after buying an additional 1,856 shares during the period. Invesco Dividend Achievers ETF makes up approximately 1.5% of Everstar Asset Management LLC’s portfolio, making the stock its 12th biggest position. Everstar Asset Management LLC owned approximately 0.36% of Invesco Dividend Achievers ETF worth $2,552,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PFM. Steward Partners Investment Advisory LLC grew its stake in Invesco Dividend Achievers ETF by 3.6% in the second quarter. Steward Partners Investment Advisory LLC now owns 45,402 shares of the company’s stock valued at $2,187,000 after acquiring an additional 1,592 shares during the period. CreativeOne Wealth LLC lifted its holdings in shares of Invesco Dividend Achievers ETF by 9.3% in the 2nd quarter. CreativeOne Wealth LLC now owns 69,363 shares of the company’s stock worth $3,341,000 after purchasing an additional 5,897 shares in the last quarter. TD Waterhouse Canada Inc. grew its position in Invesco Dividend Achievers ETF by 36.7% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 95,087 shares of the company’s stock valued at $4,611,000 after purchasing an additional 25,516 shares during the period. Good Life Advisors LLC increased its stake in Invesco Dividend Achievers ETF by 14.3% during the 2nd quarter. Good Life Advisors LLC now owns 7,234 shares of the company’s stock valued at $348,000 after purchasing an additional 905 shares in the last quarter. Finally, Ibex Wealth Advisors bought a new stake in Invesco Dividend Achievers ETF during the 2nd quarter valued at $408,000.

Invesco Dividend Achievers ETF Trading Up 0.4%

Invesco Dividend Achievers ETF stock opened at $52.04 on Monday. The firm has a market capitalization of $748.26 million, a price-to-earnings ratio of 23.20 and a beta of 0.82. The firm’s fifty day moving average price is $50.88 and its two-hundred day moving average price is $49.29. Invesco Dividend Achievers ETF has a 1-year low of $40.01 and a 1-year high of $52.05.

Invesco Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were paid a dividend of $0.1719 per share. The ex-dividend date was Monday, September 22nd. This represents a $0.69 dividend on an annualized basis and a yield of 1.3%.

Invesco Dividend Achievers ETF Company 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.

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