Capital Advisory Group Advisory Services LLC Purchases 3,692 Shares of Invesco Dividend Achievers ETF (NASDAQ:PFM)

Capital Advisory Group Advisory Services LLC increased its position in shares of Invesco Dividend Achievers ETF (NASDAQ:PFM) by 7.0% during the fourth quarter, HoldingsChannel reports. The fund owned 56,346 shares of the company’s stock after buying an additional 3,692 shares during the quarter. Capital Advisory Group Advisory Services LLC’s holdings in Invesco Dividend Achievers ETF were worth $2,584,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Atria Wealth Solutions Inc. increased its position in Invesco Dividend Achievers ETF by 3.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 232,598 shares of the company’s stock valued at $10,667,000 after acquiring an additional 8,758 shares during the period. Consolidated Planning Corp bought a new stake in shares of Invesco Dividend Achievers ETF in the fourth quarter worth $307,000. Golden State Wealth Management LLC acquired a new stake in Invesco Dividend Achievers ETF in the fourth quarter valued at $99,000. Private Wealth Management Group LLC bought a new position in Invesco Dividend Achievers ETF during the 4th quarter worth $74,000. Finally, Ibex Wealth Advisors acquired a new position in Invesco Dividend Achievers ETF during the 4th quarter worth about $394,000.

Invesco Dividend Achievers ETF Trading Down 0.6 %

NASDAQ PFM opened at $47.93 on Friday. Invesco Dividend Achievers ETF has a 12 month low of $40.43 and a 12 month high of $48.28. The firm has a market capitalization of $732.85 million, a PE ratio of 24.76 and a beta of 0.83. The business’s 50-day moving average price is $46.86 and its two-hundred day moving average price is $46.43.

Invesco Dividend Achievers ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.1813 per share. The ex-dividend date was Monday, December 23rd.

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.