BCS Wealth Management Cuts Stock Holdings in Invesco International Dividend Achievers ETF (NASDAQ:PID)

BCS Wealth Management trimmed its holdings in shares of Invesco International Dividend Achievers ETF (NASDAQ:PID) by 11.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,506 shares of the company’s stock after selling 3,592 shares during the period. BCS Wealth Management owned about 0.07% of Invesco International Dividend Achievers ETF worth $544,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in PID. Stratos Wealth Partners LTD. boosted its holdings in shares of Invesco International Dividend Achievers ETF by 36.0% during the fourth quarter. Stratos Wealth Partners LTD. now owns 50,773 shares of the company’s stock worth $930,000 after purchasing an additional 13,433 shares during the period. Stephens Inc. AR boosted its holdings in shares of Invesco International Dividend Achievers ETF by 12.3% during the fourth quarter. Stephens Inc. AR now owns 13,517 shares of the company’s stock worth $247,000 after purchasing an additional 1,483 shares during the period. Stonebridge Financial Group LLC purchased a new stake in shares of Invesco International Dividend Achievers ETF during the fourth quarter worth about $45,000. Sanctuary Advisors LLC boosted its holdings in shares of Invesco International Dividend Achievers ETF by 2.5% during the fourth quarter. Sanctuary Advisors LLC now owns 143,312 shares of the company’s stock worth $2,739,000 after purchasing an additional 3,459 shares during the period. Finally, Winebrenner Capital Management LLC purchased a new stake in shares of Invesco International Dividend Achievers ETF during the fourth quarter worth about $887,000. 46.28% of the stock is currently owned by hedge funds and other institutional investors.

Invesco International Dividend Achievers ETF Trading Up 0.4%

Invesco International Dividend Achievers ETF stock opened at $20.59 on Friday. The firm has a 50-day moving average of $19.49 and a 200-day moving average of $19.13. The firm has a market cap of $867.46 million, a P/E ratio of 17.97 and a beta of 0.94. Invesco International Dividend Achievers ETF has a 1-year low of $17.31 and a 1-year high of $20.63.

Invesco International Dividend Achievers ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.1665 per share. This is a positive change from Invesco International Dividend Achievers ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Monday, March 24th.

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.