Invesco International Dividend Achievers ETF (NASDAQ:PID) Sees Strong Trading Volume – What’s Next?

Shares of Invesco International Dividend Achievers ETF (NASDAQ:PID) saw strong trading volume on Thursday . 87,099 shares traded hands during trading, an increase of 1% from the previous session’s volume of 86,555 shares.The stock last traded at $22.11 and had previously closed at $22.04.

Invesco International Dividend Achievers ETF Stock Down 0.7%

The firm has a market capitalization of $879.35 million, a P/E ratio of 15.28 and a beta of 0.81. The firm has a 50 day moving average of $22.90 and a 200-day moving average of $22.10.

Invesco International Dividend Achievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a $0.1976 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $0.79 annualized dividend and a yield of 3.6%. This is a boost from Invesco International Dividend Achievers ETF’s previous quarterly dividend of $0.12.

Institutional Trading of Invesco International Dividend Achievers ETF

Large investors have recently modified their holdings of the stock. Jane Street Group LLC acquired a new position in Invesco International Dividend Achievers ETF in the first quarter valued at about $229,000. Steward Partners Investment Advisory LLC grew its stake in Invesco International Dividend Achievers ETF by 40.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,856 shares of the company’s stock worth $38,000 after buying an additional 531 shares in the last quarter. Cheviot Value Management LLC increased its holdings in Invesco International Dividend Achievers ETF by 3.9% in the 2nd quarter. Cheviot Value Management LLC now owns 131,064 shares of the company’s stock valued at $2,733,000 after buying an additional 4,938 shares during the period. Raymond James Financial Inc. increased its holdings in Invesco International Dividend Achievers ETF by 6.4% in the 2nd quarter. Raymond James Financial Inc. now owns 205,621 shares of the company’s stock valued at $4,215,000 after buying an additional 12,317 shares during the period. Finally, Bank of America Corp DE raised its position in shares of Invesco International Dividend Achievers ETF by 4.4% in the 2nd quarter. Bank of America Corp DE now owns 909,313 shares of the company’s stock valued at $18,641,000 after buying an additional 38,000 shares in the last quarter. 46.28% of the stock is owned by institutional investors and hedge funds.

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.