Sandbox Financial Partners LLC Takes $192,000 Position in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY)

Sandbox Financial Partners LLC acquired a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 10,612 shares of the company’s stock, valued at approximately $192,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Tower Research Capital LLC TRC increased its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 57.2% during the third quarter. Tower Research Capital LLC TRC now owns 26,247 shares of the company’s stock valued at $458,000 after purchasing an additional 9,553 shares during the period. International Assets Investment Management LLC bought a new stake in Invesco KBW Premium Yield Equity REIT ETF in the fourth quarter valued at $407,000. Lmcg Investments LLC bought a new stake in Invesco KBW Premium Yield Equity REIT ETF in the fourth quarter valued at $283,000. Clear Creek Financial Management LLC bought a new stake in Invesco KBW Premium Yield Equity REIT ETF in the fourth quarter valued at $242,000. Finally, Advisory Services Network LLC bought a new stake in Invesco KBW Premium Yield Equity REIT ETF in the fourth quarter valued at $161,000.

Invesco KBW Premium Yield Equity REIT ETF Stock Up 0.6 %

NASDAQ:KBWY traded up $0.11 during trading hours on Thursday, reaching $17.37. The company had a trading volume of 93,600 shares, compared to its average volume of 79,672. The stock has a 50-day moving average of $17.53 and a two-hundred day moving average of $18.06. Invesco KBW Premium Yield Equity REIT ETF has a one year low of $15.93 and a one year high of $20.64. The firm has a market capitalization of $191.76 million, a PE ratio of 17.25 and a beta of 1.25.

Invesco KBW Premium Yield Equity REIT ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Monday, June 24th will be issued a dividend of $0.132 per share. This represents a $1.58 annualized dividend and a dividend yield of 9.12%. The ex-dividend date is Monday, June 24th. This is a boost from Invesco KBW Premium Yield Equity REIT ETF’s previous monthly dividend of $0.13.

Invesco KBW Premium Yield Equity REIT ETF Company Profile

The Invesco KBW Premium Yield Equity REIT ETF (KBWY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a dividend-yield-weighted index of small- and mid-cap equity REITs. KBWY was launched on Dec 2, 2010 and is managed by Invesco.