Rockefeller Capital Management L.P. Trims Stake in Invesco Dividend Achievers ETF $PFM

Rockefeller Capital Management L.P. lessened its position in shares of Invesco Dividend Achievers ETF (NASDAQ:PFM) by 1.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 105,334 shares of the company’s stock after selling 1,026 shares during the quarter. Rockefeller Capital Management L.P. owned about 0.72% of Invesco Dividend Achievers ETF worth $5,074,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in PFM. LPL Financial LLC lifted its stake in Invesco Dividend Achievers ETF by 4.3% in the first quarter. LPL Financial LLC now owns 1,664,500 shares of the company’s stock valued at $76,201,000 after buying an additional 67,993 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Invesco Dividend Achievers ETF by 1.2% in the 1st quarter. Raymond James Financial Inc. now owns 842,683 shares of the company’s stock valued at $38,578,000 after acquiring an additional 9,839 shares during the period. Atria Wealth Solutions Inc. raised its position in Invesco Dividend Achievers ETF by 1.3% in the 1st quarter. Atria Wealth Solutions Inc. now owns 235,612 shares of the company’s stock valued at $10,786,000 after purchasing an additional 3,014 shares during the last quarter. Citizens Financial Group Inc. RI raised its position in Invesco Dividend Achievers ETF by 0.3% in the 1st quarter. Citizens Financial Group Inc. RI now owns 119,460 shares of the company’s stock valued at $5,469,000 after purchasing an additional 385 shares during the last quarter. Finally, NFP Retirement Inc. boosted its stake in Invesco Dividend Achievers ETF by 3.6% during the 1st quarter. NFP Retirement Inc. now owns 115,308 shares of the company’s stock worth $5,279,000 after purchasing an additional 3,986 shares during the period.

Invesco Dividend Achievers ETF Stock Performance

Shares of Invesco Dividend Achievers ETF stock opened at $50.48 on Friday. The company has a market capitalization of $725.90 million, a P/E ratio of 23.20 and a beta of 0.82. Invesco Dividend Achievers ETF has a 1 year low of $40.01 and a 1 year high of $51.61. The company’s fifty day moving average is $50.78 and its two-hundred day moving average is $49.03.

Invesco Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were issued a dividend of $0.1719 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $0.69 dividend on an annualized basis and a dividend yield of 1.4%.

Invesco Dividend Achievers ETF Company Profile

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.