Valley Wealth Managers Inc. Raises Stock Holdings in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Valley Wealth Managers Inc. raised its holdings in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 13.4% in the third quarter, Holdings Channel reports. The firm owned 42,349 shares of the company’s stock after purchasing an additional 5,010 shares during the period. Valley Wealth Managers Inc.’s holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $785,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in PHB. Cetera Investment Advisers grew its position in Invesco Fundamental High Yield Corporate Bond ETF by 79.1% during the second quarter. Cetera Investment Advisers now owns 75,820 shares of the company’s stock valued at $1,362,000 after buying an additional 33,476 shares during the period. Anfield Capital Management LLC increased its position in Invesco Fundamental High Yield Corporate Bond ETF by 40.8% in the second quarter. Anfield Capital Management LLC now owns 533,652 shares of the company’s stock worth $9,590,000 after buying an additional 154,522 shares during the last quarter. Moller Wealth Partners raised its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 1.9% in the third quarter. Moller Wealth Partners now owns 38,744 shares of the company’s stock valued at $718,000 after buying an additional 720 shares during the period. Private Advisor Group LLC grew its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 5.7% during the 3rd quarter. Private Advisor Group LLC now owns 122,553 shares of the company’s stock worth $2,272,000 after acquiring an additional 6,652 shares during the period. Finally, Towercrest Capital Management increased its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 2.3% in the 2nd quarter. Towercrest Capital Management now owns 235,393 shares of the company’s stock worth $4,230,000 after acquiring an additional 5,249 shares during the last quarter.

Invesco Fundamental High Yield Corporate Bond ETF Stock Performance

Shares of Invesco Fundamental High Yield Corporate Bond ETF stock opened at $18.29 on Friday. The stock’s 50-day simple moving average is $18.41 and its 200 day simple moving average is $18.23. Invesco Fundamental High Yield Corporate Bond ETF has a 52-week low of $17.45 and a 52-week high of $18.65.

Invesco Fundamental High Yield Corporate Bond ETF Company Profile

The Invesco Fundamental High Yield Corporate Bond ETF (PHB) is an exchange-traded fund that is based on the RAFI Bonds US High Yield 1-10 index. The fund tracks a fundamental-weighted index of high-yield US corporate bonds that must be rated between B3\u002FB- and Ba1\u002FBB+. PHB was launched on Nov 15, 2007 and is managed by Invesco.