Invesco Dividend Achievers ETF (NASDAQ:PFM) Shares Sold by GWM Advisors LLC

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GWM Advisors LLC trimmed its holdings in shares of Invesco Dividend Achievers ETF (NASDAQ:PFM) by 3.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,960 shares of the company’s stock after selling 456 shares during the period. GWM Advisors LLC owned approximately 0.13% of Invesco Dividend Achievers ETF worth $400,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Commonwealth Equity Services LLC lifted its stake in Invesco Dividend Achievers ETF by 0.6% during the 2nd quarter. Commonwealth Equity Services LLC now owns 79,245 shares of the company’s stock valued at $2,272,000 after acquiring an additional 505 shares during the period. NewFocus Financial Group LLC lifted its stake in Invesco Dividend Achievers ETF by 3.0% during the 1st quarter. NewFocus Financial Group LLC now owns 29,364 shares of the company’s stock valued at $812,000 after acquiring an additional 850 shares during the period. Osborn Williams & Donohoe LLC acquired a new stake in Invesco Dividend Achievers ETF during the 1st quarter valued at approximately $34,000. Advisory Alpha LLC acquired a new stake in Invesco Dividend Achievers ETF during the 1st quarter valued at approximately $61,000. Finally, Advisory Services Network LLC lifted its stake in Invesco Dividend Achievers ETF by 7.0% during the 2nd quarter. Advisory Services Network LLC now owns 35,178 shares of the company’s stock valued at $1,009,000 after acquiring an additional 2,288 shares during the period.

Shares of NASDAQ PFM opened at $29.12 on Friday. The company has a 50 day simple moving average of $29.00 and a two-hundred day simple moving average of $28.06. Invesco Dividend Achievers ETF has a 12 month low of $23.26 and a 12 month high of $29.54.

Invesco Dividend Achievers ETF 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.

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Institutional Ownership by Quarter for Invesco Dividend Achievers ETF (NASDAQ:PFM)

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