Cheviot Value Management LLC Sells 13,501 Shares of Invesco International Dividend Achievers ETF (NASDAQ:PID)

Cheviot Value Management LLC decreased its position in shares of Invesco International Dividend Achievers ETF (NASDAQ:PID) by 16.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 66,189 shares of the company’s stock after selling 13,501 shares during the quarter. Cheviot Value Management LLC’s holdings in Invesco International Dividend Achievers ETF were worth $1,309,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. boosted its stake in shares of Invesco International Dividend Achievers ETF by 63.2% during the first quarter. B. Riley Wealth Advisors Inc. now owns 27,146 shares of the company’s stock valued at $503,000 after purchasing an additional 10,511 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of Invesco International Dividend Achievers ETF by 151.1% in the 1st quarter. Cetera Investment Advisers now owns 142,158 shares of the company’s stock valued at $2,636,000 after acquiring an additional 85,552 shares during the period. Cetera Advisors LLC increased its holdings in shares of Invesco International Dividend Achievers ETF by 33.1% in the 1st quarter. Cetera Advisors LLC now owns 80,871 shares of the company’s stock valued at $1,499,000 after acquiring an additional 20,103 shares during the period. Accel Wealth Management raised its position in shares of Invesco International Dividend Achievers ETF by 1.0% in the 2nd quarter. Accel Wealth Management now owns 69,185 shares of the company’s stock worth $1,240,000 after acquiring an additional 656 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of Invesco International Dividend Achievers ETF by 8.3% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 15,140 shares of the company’s stock worth $271,000 after purchasing an additional 1,154 shares during the last quarter. Hedge funds and other institutional investors own 46.28% of the company’s stock.

Invesco International Dividend Achievers ETF Price Performance

PID opened at $19.35 on Monday. The firm has a market capitalization of $857.98 million, a PE ratio of 19.28 and a beta of 0.94. The business’s 50-day moving average is $19.44 and its two-hundred day moving average is $18.98. Invesco International Dividend Achievers ETF has a 1 year low of $17.28 and a 1 year high of $19.99.

Invesco International Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a dividend of $0.213 per share. The ex-dividend date was Monday, September 23rd. This represents a $0.85 annualized dividend and a dividend yield of 4.40%.

Invesco International Dividend Achievers ETF Profile

The Invesco International Dividend Achievers ETF (PID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-yield-weighted index of foreign securities with high dividend growth. PID was launched on Sep 15, 2005 and is managed by Invesco.