17,125 Shares in Invesco Dividend Achievers ETF (NASDAQ:PFM) Bought by Hilton Capital Management LLC

Hilton Capital Management LLC bought a new stake in shares of Invesco Dividend Achievers ETF (NASDAQ:PFM) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 17,125 shares of the company’s stock, valued at approximately $785,000. Hilton Capital Management LLC owned approximately 0.11% of Invesco Dividend Achievers ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Citizens Financial Group Inc. RI raised its holdings in shares of Invesco Dividend Achievers ETF by 0.3% during the 4th quarter. Citizens Financial Group Inc. RI now owns 119,075 shares of the company’s stock worth $5,461,000 after acquiring an additional 383 shares in the last quarter. Steward Partners Investment Advisory LLC raised its stake in Invesco Dividend Achievers ETF by 1.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 43,118 shares of the company’s stock valued at $1,977,000 after purchasing an additional 756 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in Invesco Dividend Achievers ETF by 11.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 8,127 shares of the company’s stock valued at $373,000 after purchasing an additional 815 shares in the last quarter. MML Investors Services LLC lifted its position in Invesco Dividend Achievers ETF by 1.8% during the third quarter. MML Investors Services LLC now owns 58,741 shares of the company’s stock valued at $2,734,000 after purchasing an additional 1,054 shares during the last quarter. Finally, ST Germain D J Co. Inc. purchased a new position in shares of Invesco Dividend Achievers ETF in the 4th quarter worth $55,000.

Invesco Dividend Achievers ETF Trading Up 1.5 %

Shares of NASDAQ PFM opened at $45.58 on Friday. Invesco Dividend Achievers ETF has a 12-month low of $40.43 and a 12-month high of $48.28. The firm’s 50-day moving average price is $46.96 and its 200-day moving average price is $46.71. The stock has a market capitalization of $696.92 million, a price-to-earnings ratio of 23.86 and a beta of 0.83.

Invesco Dividend Achievers ETF Dividend Announcement

The business also recently disclosed 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.