AAF Wealth Management LLC Has $1.71 Million Position in Invesco International Dividend Achievers ETF (NASDAQ:PID)

AAF Wealth Management LLC reduced its stake in Invesco International Dividend Achievers ETF (NASDAQ:PID) by 2.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 93,287 shares of the company’s stock after selling 2,295 shares during the period. Invesco International Dividend Achievers ETF accounts for approximately 0.9% of AAF Wealth Management LLC’s investment portfolio, making the stock its 15th biggest position. AAF Wealth Management LLC owned approximately 0.21% of Invesco International Dividend Achievers ETF worth $1,708,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Oakworth Capital Inc. bought a new stake in shares of Invesco International Dividend Achievers ETF in the fourth quarter valued at about $33,000. Stonebridge Financial Group LLC bought a new stake in shares of Invesco International Dividend Achievers ETF in the fourth quarter valued at about $45,000. Bank of Montreal Can bought a new stake in shares of Invesco International Dividend Achievers ETF in the fourth quarter valued at about $93,000. Genesis Wealth Advisors LLC bought a new stake in shares of Invesco International Dividend Achievers ETF in the fourth quarter valued at about $196,000. Finally, Calton & Associates Inc. bought a new stake in shares of Invesco International Dividend Achievers ETF in the fourth quarter valued at about $209,000. 46.28% of the stock is currently owned by institutional investors and hedge funds.

Invesco International Dividend Achievers ETF Stock Performance

Shares of Invesco International Dividend Achievers ETF stock opened at $20.18 on Friday. The firm has a 50-day moving average of $19.23 and a 200-day moving average of $19.03. The stock has a market cap of $850.18 million, a PE ratio of 18.48 and a beta of 0.94. Invesco International Dividend Achievers ETF has a 52-week low of $17.31 and a 52-week high of $20.34.

Invesco International Dividend Achievers ETF Increases Dividend

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

Invesco International Dividend Achievers ETF Profile

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.