Invesco S&P 500 High Dividend Low Volatility ETF $SPHD Shares Sold by Stonebridge Wealth Management LLC

Stonebridge Wealth Management LLC reduced its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 21.6% in the 4th quarter, Holdings Channel reports. The fund owned 50,327 shares of the company’s stock after selling 13,897 shares during the period. Invesco S&P 500 High Dividend Low Volatility ETF makes up 2.3% of Stonebridge Wealth Management LLC’s investment portfolio, making the stock its 12th largest position. Stonebridge Wealth Management LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $2,416,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of SPHD. Horizon Investments LLC purchased a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter worth approximately $44,000. Bessemer Group Inc. increased its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 118.1% during the 3rd quarter. Bessemer Group Inc. now owns 1,154 shares of the company’s stock valued at $57,000 after purchasing an additional 625 shares in the last quarter. MAI Capital Management lifted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 89.9% in the 3rd quarter. MAI Capital Management now owns 1,223 shares of the company’s stock valued at $60,000 after purchasing an additional 579 shares during the period. Pin Oak Investment Advisors Inc. acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter valued at $68,000. Finally, Root Financial Partners LLC acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter valued at $94,000.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Performance

Shares of NYSEARCA SPHD opened at $48.67 on Friday. The company has a market capitalization of $3.52 billion, a PE ratio of 15.77 and a beta of 0.72. The company’s fifty day moving average price is $50.77 and its 200 day moving average price is $49.23. Invesco S&P 500 High Dividend Low Volatility ETF has a 1 year low of $43.39 and a 1 year high of $53.07.

Invesco S&P 500 High Dividend Low Volatility ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were given a $0.2094 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. This is an increase from Invesco S&P 500 High Dividend Low Volatility ETF’s previous monthly dividend of $0.20. The ex-dividend date was Monday, February 23rd.

About Invesco S&P 500 High Dividend Low Volatility ETF

The Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a dividend-yield-weighted index comprising the least volatile, highest dividend-yielding S&P 500 stocks. SPHD was launched on Oct 18, 2012 and is managed by Invesco.