Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Announces $0.12 Monthly Dividend

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) declared a monthly dividend on Monday, March 23rd, NASDAQ Dividends reports. Stockholders of record on Monday, March 23rd will be given a dividend of 0.1249 per share on Friday, March 27th. This represents a c) annualized dividend and a dividend yield of 9.7%. The ex-dividend date is Monday, March 23rd.

Invesco KBW Premium Yield Equity REIT ETF Price Performance

Shares of NASDAQ KBWY opened at $15.43 on Tuesday. The stock has a market capitalization of $252.28 million, a P/E ratio of 22.41 and a beta of 1.13. Invesco KBW Premium Yield Equity REIT ETF has a 1-year low of $13.86 and a 1-year high of $16.91. The business has a fifty day moving average price of $16.16 and a 200 day moving average price of $15.81.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Summit Financial LLC raised its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 4.1% during the 4th quarter. Summit Financial LLC now owns 331,197 shares of the company’s stock worth $5,111,000 after acquiring an additional 13,134 shares in the last quarter. Fifth Third Securities Inc. boosted its stake in Invesco KBW Premium Yield Equity REIT ETF by 14.6% in the fourth quarter. Fifth Third Securities Inc. now owns 212,226 shares of the company’s stock valued at $3,275,000 after acquiring an additional 26,959 shares in the last quarter. Heartwood Wealth Advisors LLC grew its holdings in Invesco KBW Premium Yield Equity REIT ETF by 8.5% in the fourth quarter. Heartwood Wealth Advisors LLC now owns 127,712 shares of the company’s stock worth $1,971,000 after purchasing an additional 9,979 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 427.1% during the fourth quarter. Cetera Investment Advisers now owns 101,564 shares of the company’s stock worth $1,567,000 after purchasing an additional 82,296 shares in the last quarter. Finally, Lmcg Investments LLC increased its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 8.0% during the third quarter. Lmcg Investments LLC now owns 83,992 shares of the company’s stock worth $1,340,000 after purchasing an additional 6,257 shares in the last quarter.

About Invesco KBW Premium Yield Equity REIT ETF

The Invesco KBW Premium Yield Equity REIT ETF (KBWY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a dividend-yield-weighted index of small- and mid-cap equity REITs. KBWY was launched on Dec 2, 2010 and is managed by Invesco.