Atria Wealth Solutions Inc. Has $269,000 Holdings in Invesco Dividend Achievers ETF $PFM

Atria Wealth Solutions Inc. cut its position in Invesco Dividend Achievers ETF (NASDAQ:PFM) by 97.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,594 shares of the company’s stock after selling 230,018 shares during the period. Atria Wealth Solutions Inc.’s holdings in Invesco Dividend Achievers ETF were worth $269,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PFM. CWM LLC grew its stake in shares of Invesco Dividend Achievers ETF by 58.0% during the second quarter. CWM LLC now owns 689 shares of the company’s stock valued at $33,000 after purchasing an additional 253 shares during the last quarter. Golden State Wealth Management LLC raised its position in Invesco Dividend Achievers ETF by 73.0% in the 1st quarter. Golden State Wealth Management LLC now owns 3,722 shares of the company’s stock worth $170,000 after purchasing an additional 1,571 shares during the last quarter. Revisor Wealth Management LLC bought a new position in Invesco Dividend Achievers ETF in the 1st quarter worth approximately $214,000. Sovran Advisors LLC bought a new position in Invesco Dividend Achievers ETF in the 2nd quarter worth approximately $231,000. Finally, Townsquare Capital LLC raised its position in Invesco Dividend Achievers ETF by 15.2% in the 1st quarter. Townsquare Capital LLC now owns 7,606 shares of the company’s stock worth $348,000 after purchasing an additional 1,005 shares during the last quarter.

Invesco Dividend Achievers ETF Price Performance

PFM stock opened at $51.02 on Wednesday. The company has a 50 day moving average price of $50.25 and a 200 day moving average price of $47.89. Invesco Dividend Achievers ETF has a fifty-two week low of $40.01 and a fifty-two week high of $51.40. The stock has a market capitalization of $736.23 million, a PE ratio of 23.20 and a beta of 0.83.

Invesco Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were paid a $0.1719 dividend. This represents a $0.69 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Monday, September 22nd.

About Invesco Dividend Achievers ETF

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.