Vanguard Capital Wealth Advisors Buys New Stake in Invesco KBW Property & Casualty Insurance ETF $KBWP

Vanguard Capital Wealth Advisors purchased a new position in shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 5,200 shares of the company’s stock, valued at approximately $659,000. Vanguard Capital Wealth Advisors owned 0.26% of Invesco KBW Property & Casualty Insurance ETF at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. lifted its stake in shares of Invesco KBW Property & Casualty Insurance ETF by 113.5% during the first quarter. Goldman Sachs Group Inc. now owns 25,019 shares of the company’s stock worth $3,117,000 after purchasing an additional 13,300 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of Invesco KBW Property & Casualty Insurance ETF by 180.0% in the second quarter. Raymond James Financial Inc. now owns 100,177 shares of the company’s stock valued at $12,305,000 after buying an additional 64,399 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Invesco KBW Property & Casualty Insurance ETF in the second quarter valued at about $848,000. Bank of America Corp DE raised its holdings in shares of Invesco KBW Property & Casualty Insurance ETF by 38.3% during the 2nd quarter. Bank of America Corp DE now owns 47,793 shares of the company’s stock valued at $5,870,000 after buying an additional 13,225 shares during the period. Finally, MML Investors Services LLC raised its holdings in shares of Invesco KBW Property & Casualty Insurance ETF by 5.1% during the 2nd quarter. MML Investors Services LLC now owns 10,703 shares of the company’s stock valued at $1,315,000 after buying an additional 521 shares during the period.

Invesco KBW Property & Casualty Insurance ETF Stock Performance

Invesco KBW Property & Casualty Insurance ETF stock opened at $132.67 on Wednesday. The firm has a market capitalization of $267.99 million, a PE ratio of 13.50 and a beta of 0.38. Invesco KBW Property & Casualty Insurance ETF has a one year low of $114.62 and a one year high of $140.37. The stock’s 50 day moving average price is $133.08 and its 200 day moving average price is $125.12.

Invesco KBW Property & Casualty Insurance ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.4994 per share. The ex-dividend date was Monday, June 22nd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.5%.

About Invesco KBW Property & Casualty Insurance ETF

The Invesco KBW Property & Casualty Insurance ETF (KBWP) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a modified market-cap-weighted index focused exclusively on property & casualty insurance companies in the US. KBWP was launched on Dec 2, 2010 and is managed by Invesco.