Truist Financial Corp Invests $224,000 in Invesco International Dividend Achievers ETF (NASDAQ:PID)

Truist Financial Corp purchased a new stake in Invesco International Dividend Achievers ETF (NASDAQ:PID) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 12,479 shares of the company’s stock, valued at approximately $224,000.

Other hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new stake in shares of Invesco International Dividend Achievers ETF in the 2nd quarter worth $38,000. Investmark Advisory Group LLC bought a new stake in Invesco International Dividend Achievers ETF in the 1st quarter worth about $185,000. Obermeyer Wood Investment Counsel Lllp purchased a new stake in Invesco International Dividend Achievers ETF in the 2nd quarter valued at about $249,000. Saxon Interests Inc. bought a new position in shares of Invesco International Dividend Achievers ETF during the 1st quarter worth approximately $265,000. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of Invesco International Dividend Achievers ETF by 8.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 15,140 shares of the company’s stock worth $271,000 after buying an additional 1,154 shares during the last quarter. Institutional investors and hedge funds own 46.28% of the company’s stock.

Invesco International Dividend Achievers ETF Stock Up 0.5 %

PID stock opened at $19.97 on Friday. The business has a 50 day moving average of $19.55 and a 200-day moving average of $18.73. The firm has a market cap of $893.23 million, a PE ratio of 19.28 and a beta of 0.94. Invesco International Dividend Achievers ETF has a 12-month low of $15.82 and a 12-month high of $19.98.

Invesco International Dividend Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a $0.213 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.85 dividend on an annualized basis and a yield of 4.27%.

About Invesco International Dividend Achievers ETF

The Invesco International Dividend Achievers ETF (PID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-yield-weighted index of foreign securities with high dividend growth. PID was launched on Sep 15, 2005 and is managed by Invesco.