Choreo LLC Increases Holdings in Invesco Dividend Achievers ETF (NASDAQ:PFM)

Choreo LLC boosted its stake in shares of Invesco Dividend Achievers ETF (NASDAQ:PFM) by 0.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 112,530 shares of the company’s stock after buying an additional 309 shares during the period. Choreo LLC owned 0.73% of Invesco Dividend Achievers ETF worth $4,489,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Flaharty Asset Management LLC boosted its position in shares of Invesco Dividend Achievers ETF by 0.5% during the 4th quarter. Flaharty Asset Management LLC now owns 752,530 shares of the company’s stock valued at $30,018,000 after acquiring an additional 3,466 shares during the last quarter. Wilbanks Smith & Thomas Asset Management LLC boosted its holdings in Invesco Dividend Achievers ETF by 2.3% in the 3rd quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 423,799 shares of the company’s stock valued at $15,481,000 after purchasing an additional 9,568 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of Invesco Dividend Achievers ETF by 0.9% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 401,893 shares of the company’s stock valued at $16,032,000 after buying an additional 3,455 shares during the period. Raymond James & Associates increased its holdings in shares of Invesco Dividend Achievers ETF by 3.6% during the 4th quarter. Raymond James & Associates now owns 238,698 shares of the company’s stock worth $9,522,000 after buying an additional 8,197 shares during the last quarter. Finally, Atria Wealth Solutions Inc. raised its position in shares of Invesco Dividend Achievers ETF by 0.6% during the 4th quarter. Atria Wealth Solutions Inc. now owns 206,780 shares of the company’s stock valued at $8,248,000 after buying an additional 1,200 shares during the period.

Invesco Dividend Achievers ETF Stock Performance

PFM opened at $41.39 on Tuesday. The stock has a market capitalization of $643.20 million, a PE ratio of 21.79 and a beta of 0.83. Invesco Dividend Achievers ETF has a one year low of $35.18 and a one year high of $42.69. The business’s 50 day moving average price is $41.61 and its 200 day moving average price is $39.83.

Invesco Dividend Achievers ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a $0.1802 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend was Monday, March 18th.

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.