First Allied Advisory Services Inc. lowered its stake in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 25.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,162 shares of the company’s stock after selling 14,700 shares during the quarter. First Allied Advisory Services Inc. owned about 0.10% of Invesco High Yield Equity Dividend Achievers ETF worth $761,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Wells Fargo & Company MN increased its position in Invesco High Yield Equity Dividend Achievers ETF by 16.2% during the 1st quarter. Wells Fargo & Company MN now owns 1,367,792 shares of the company’s stock worth $23,280,000 after purchasing an additional 190,357 shares in the last quarter. Ahrens Investment Partners LLC increased its position in Invesco High Yield Equity Dividend Achievers ETF by 2.3% during the 1st quarter. Ahrens Investment Partners LLC now owns 937,124 shares of the company’s stock worth $15,950,000 after purchasing an additional 20,973 shares in the last quarter. UBS Group AG increased its position in Invesco High Yield Equity Dividend Achievers ETF by 11.9% during the 1st quarter. UBS Group AG now owns 754,602 shares of the company’s stock worth $12,843,000 after purchasing an additional 79,995 shares in the last quarter. Sequoia Wealth Management LLC increased its position in Invesco High Yield Equity Dividend Achievers ETF by 5.9% during the 1st quarter. Sequoia Wealth Management LLC now owns 481,059 shares of the company’s stock worth $8,192,000 after purchasing an additional 26,991 shares in the last quarter. Finally, Lucia Wealth Services LLC increased its position in Invesco High Yield Equity Dividend Achievers ETF by 979.2% during the 1st quarter. Lucia Wealth Services LLC now owns 262,185 shares of the company’s stock worth $4,462,000 after purchasing an additional 237,891 shares in the last quarter.

Shares of NASDAQ:PEY opened at $18.02 on Wednesday. Invesco High Yield Equity Dividend Achievers ETF has a 52-week low of $16.53 and a 52-week high of $18.61.

The company also recently disclosed a monthly dividend, which will be paid on Friday, August 31st. Shareholders of record on Tuesday, August 21st will be given a $0.0557 dividend. This is an increase from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend is Monday, August 20th. This represents a $0.67 annualized dividend and a yield of 3.71%.

Invesco High Yield Equity Dividend Achievers ETF Profile

PowerShares High Yield Equity Dividend Achiever Portfolio (the Fund) is based on the Mergent Dividend Achiever 50 Index (the Index). The Fund focuses to invest at least 90% of its total assets in dividend paying common stocks, which comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends.

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Institutional Ownership by Quarter for Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

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