Invesco Dividend Achievers ETF (NASDAQ:PFM) Shares Down 1.2% – Here’s Why

Posted by Mark Dietrich on Mar 6th, 2026

Invesco Dividend Achievers ETF (NASDAQ:PFM – Get Free Report)’s stock price fell 1.2% during trading on Thursday . The company traded as low as $52.51 and last traded at $52.88. 30,841 shares were traded during mid-day trading, a decline of 13% from the average session volume of 35,387 shares. The stock had previously closed at $53.50.

Invesco Dividend Achievers ETF Trading Down 1.2%

The business’s fifty day moving average price is $53.02 and its 200-day moving average price is $51.57. The company has a market capitalization of $763.59 million, a P/E ratio of 23.20 and a beta of 0.82.

Invesco Dividend Achievers ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.185 per share. This represents a $0.74 annualized dividend and a yield of 1.4%. This is an increase from Invesco Dividend Achievers ETF’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Monday, December 22nd.

Hedge Funds Weigh In On Invesco Dividend Achievers ETF

Several institutional investors have recently modified their holdings of PFM. CWM LLC boosted its stake in Invesco Dividend Achievers ETF by 58.0% in the second quarter. CWM LLC now owns 689 shares of the company’s stock worth $33,000 after buying an additional 253 shares in the last quarter. Sound Income Strategies LLC bought a new stake in shares of Invesco Dividend Achievers ETF in the 4th quarter worth approximately $59,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Invesco Dividend Achievers ETF in the 4th quarter valued at $83,000. International Assets Investment Management LLC bought a new position in shares of Invesco Dividend Achievers ETF during the 4th quarter valued at $86,000. Finally, AlphaCore Capital LLC bought a new position in shares of Invesco Dividend Achievers ETF during the 4th quarter valued at $99,000.

About Invesco Dividend Achievers ETF

(Get Free Report)

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. The portfolio is rebalanced quarterly and reconstituted annually. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index.