The Dividend Achievers Portfolio ETF (AMEX:PFM) is seeing unusually high volume in afternoon trading Monday, with over 667,000 shares traded versus three month average volume of about 108,000. Shares of PFM were off about 0.4% on the day.
Components of that ETF with the highest volume on Monday were Lowes Companies (NYSE:LOW), trading up about 1.4% with over 7.0 million shares changing hands so far this session, and Exxon Mobil (NYSE:XOM), up about 0.1% on volume of over 5.5 million shares. Telephone and Data Systems (NYSE:TDS) is the component faring the best Monday, up by about 3.7% on the day, while Tennant (NYSE:TNC) is lagging other components of the Dividend Achievers Portfolio ETF, trading lower by about 3.4%.
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