Cullen Frost Bankers Inc. bought a new position in Invesco Dividend Achievers ETF (NASDAQ:PFM – Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 786 shares of the company’s stock, valued at approximately $34,000.
A number of other institutional investors have also added to or reduced their stakes in the business. Steward Partners Investment Advisory LLC increased its position in shares of Invesco Dividend Achievers ETF by 2.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 42,159 shares of the company’s stock valued at $1,682,000 after purchasing an additional 818 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of Invesco Dividend Achievers ETF by 0.5% during the 4th quarter. Wells Fargo & Company MN now owns 166,296 shares of the company’s stock valued at $6,634,000 after purchasing an additional 838 shares during the last quarter. Steward Partners Investment Solutions LLC bought a new position in shares of Invesco Dividend Achievers ETF during the 4th quarter valued at about $288,000. Raymond James & Associates increased its position in shares of Invesco Dividend Achievers ETF by 59.6% during the 2nd quarter. Raymond James & Associates now owns 370,307 shares of the company’s stock valued at $15,801,000 after purchasing an additional 138,313 shares during the last quarter. Finally, Focus Financial Network Inc. ADV bought a new position in shares of Invesco Dividend Achievers ETF during the 4th quarter valued at about $4,492,000.
Invesco Dividend Achievers ETF Trading Up 0.4 %
Shares of Invesco Dividend Achievers ETF stock opened at $45.37 on Wednesday. The firm has a market capitalization of $688.69 million, a PE ratio of 22.62 and a beta of 0.83. The business’s 50-day moving average price is $44.27 and its 200-day moving average price is $42.82. Invesco Dividend Achievers ETF has a 12 month low of $35.18 and a 12 month high of $45.93.
Invesco Dividend Achievers ETF Increases Dividend
Invesco Dividend Achievers ETF Company Profile
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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