Schwarz Dygos Wheeler Investment Advisors LLC Buys 27 Shares of Invesco QQQ (NASDAQ:QQQ)

Schwarz Dygos Wheeler Investment Advisors LLC grew its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 4.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 593 shares of the exchange traded fund’s stock after acquiring an additional 27 shares during the quarter. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in Invesco QQQ were worth $243,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Red Tortoise LLC increased its holdings in Invesco QQQ by 370.0% in the 4th quarter. Red Tortoise LLC now owns 94 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 74 shares in the last quarter. Friedenthal Financial bought a new stake in Invesco QQQ in the 4th quarter worth about $41,000. Bear Mountain Capital Inc. bought a new stake in Invesco QQQ in the 4th quarter worth about $42,000. Core Wealth Advisors Inc. increased its holdings in Invesco QQQ by 33.3% in the 3rd quarter. Core Wealth Advisors Inc. now owns 120 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 30 shares in the last quarter. Finally, Blume Capital Management Inc. increased its holdings in Invesco QQQ by 104.0% in the 3rd quarter. Blume Capital Management Inc. now owns 135 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 3,500 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Price Performance

NASDAQ QQQ traded up $6.55 during trading hours on Friday, hitting $431.00. The company’s stock had a trading volume of 41,874,907 shares, compared to its average volume of 47,550,872. Invesco QQQ has a 12 month low of $315.05 and a 12 month high of $449.34. The company’s 50 day simple moving average is $436.88 and its two-hundred day simple moving average is $410.11.

Invesco QQQ Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, March 19th will be paid a dividend of $0.5735 per share. The ex-dividend date of this dividend is Monday, March 18th. This represents a $2.29 dividend on an annualized basis and a dividend yield of 0.53%.

Invesco QQQ Profile

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.