Invesco Ltd. Decreases Stake in Invesco Fundamental High Yield Corporate Bond ETF $PHB

Invesco Ltd. reduced its position in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 0.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 787,610 shares of the company’s stock after selling 5,991 shares during the period. Invesco Ltd.’s holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $14,224,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. increased its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 2.1% in the 4th quarter. JPMorgan Chase & Co. now owns 28,618 shares of the company’s stock worth $517,000 after purchasing an additional 593 shares during the last quarter. Dynamic Advisor Solutions LLC increased its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 3.2% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 26,538 shares of the company’s stock worth $479,000 after purchasing an additional 832 shares during the last quarter. Wagner Wealth Management LLC increased its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 2.3% in the 1st quarter. Wagner Wealth Management LLC now owns 42,307 shares of the company’s stock worth $764,000 after purchasing an additional 953 shares during the last quarter. Consolidated Portfolio Review Corp increased its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 14.4% in the 1st quarter. Consolidated Portfolio Review Corp now owns 13,866 shares of the company’s stock worth $250,000 after purchasing an additional 1,750 shares during the last quarter. Finally, Golden State Wealth Management LLC bought a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF in the 1st quarter worth about $37,000.

Invesco Fundamental High Yield Corporate Bond ETF Price Performance

PHB opened at $18.49 on Friday. The company has a 50-day moving average of $18.39 and a 200-day moving average of $18.20. Invesco Fundamental High Yield Corporate Bond ETF has a 1-year low of $17.33 and a 1-year 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.