Invesco KBW Premium Yield Equity REIT ETF (KBWY) to Issue Monthly Dividend of $0.12 on May 22nd

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) declared a monthly dividend on Monday, May 18th, NASDAQ Dividends reports. Investors of record on Monday, May 18th will be given a dividend of 0.1225 per share on Friday, May 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 8.7%. The ex-dividend date is Monday, May 18th.

Invesco KBW Premium Yield Equity REIT ETF Price Performance

Shares of NASDAQ:KBWY opened at $16.88 on Wednesday. Invesco KBW Premium Yield Equity REIT ETF has a 12 month low of $14.81 and a 12 month high of $17.39. The firm has a market capitalization of $278.86 million, a P/E ratio of 22.41 and a beta of 1.01. The company’s fifty day moving average price is $16.19 and its 200 day moving average price is $15.94.

Institutional Trading of Invesco KBW Premium Yield Equity REIT ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Comerica Bank boosted its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 22.8% in the 1st quarter. Comerica Bank now owns 5,241 shares of the company’s stock valued at $87,000 after purchasing an additional 974 shares during the period. MML Investors Services LLC increased its position in Invesco KBW Premium Yield Equity REIT ETF by 6.8% during the fourth quarter. MML Investors Services LLC now owns 16,113 shares of the company’s stock worth $249,000 after buying an additional 1,022 shares during the period. Royal Bank of Canada increased its position in Invesco KBW Premium Yield Equity REIT ETF by 45.8% during the first quarter. Royal Bank of Canada now owns 5,195 shares of the company’s stock worth $79,000 after buying an additional 1,632 shares during the period. Osaic Holdings Inc. increased its position in Invesco KBW Premium Yield Equity REIT ETF by 8.3% during the second quarter. Osaic Holdings Inc. now owns 25,384 shares of the company’s stock worth $399,000 after buying an additional 1,956 shares during the period. Finally, Jones Financial Companies Lllp increased its position in Invesco KBW Premium Yield Equity REIT ETF by 18.8% during the third quarter. Jones Financial Companies Lllp now owns 18,874 shares of the company’s stock worth $300,000 after buying an additional 2,992 shares during the period.

About Invesco KBW Premium Yield Equity REIT ETF

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.