Avantax Advisory Services Inc. Purchases 1,296 Shares of Invesco Dividend Achievers ETF (NASDAQ:PFM)

Avantax Advisory Services Inc. increased its position in shares of Invesco Dividend Achievers ETF (NASDAQ:PFM) by 3.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,538 shares of the company’s stock after purchasing an additional 1,296 shares during the period. Avantax Advisory Services Inc. owned approximately 0.25% of Invesco Dividend Achievers ETF worth $1,721,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in PFM. ST Germain D J Co. Inc. acquired a new stake in shares of Invesco Dividend Achievers ETF during the fourth quarter worth $55,000. Private Wealth Management Group LLC acquired a new stake in Invesco Dividend Achievers ETF in the 4th quarter worth about $74,000. Golden State Wealth Management LLC bought a new stake in Invesco Dividend Achievers ETF in the 4th quarter valued at about $99,000. Modera Wealth Management LLC acquired a new position in shares of Invesco Dividend Achievers ETF during the 4th quarter worth approximately $206,000. Finally, Independent Advisor Alliance bought a new position in shares of Invesco Dividend Achievers ETF during the fourth quarter worth approximately $221,000.

Invesco Dividend Achievers ETF Trading Up 1.1 %

NASDAQ PFM opened at $46.06 on Tuesday. The company has a market cap of $704.26 million, a price-to-earnings ratio of 23.86 and a beta of 0.83. Invesco Dividend Achievers ETF has a 1-year low of $40.43 and a 1-year high of $48.28. The company has a 50 day moving average of $46.97 and a 200-day moving average of $46.73.

Invesco Dividend Achievers ETF Announces Dividend

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

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.