Commonwealth Equity Services LLC Has $556,000 Stock Position in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Commonwealth Equity Services LLC reduced its holdings in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 11.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 30,936 shares of the company’s stock after selling 4,082 shares during the quarter. Commonwealth Equity Services LLC owned 0.09% of Invesco Fundamental High Yield Corporate Bond ETF worth $556,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Transcendent Capital Group LLC acquired a new position in Invesco Fundamental High Yield Corporate Bond ETF in the 4th quarter worth $31,000. Mosley Wealth Management bought a new position in Invesco Fundamental High Yield Corporate Bond ETF in the first quarter valued at approximately $204,000. ProVise Management Group LLC increased its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 11.8% during the fourth quarter. ProVise Management Group LLC now owns 14,378 shares of the company’s stock worth $261,000 after buying an additional 1,520 shares during the last quarter. Prudent Investors Network Inc. bought a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the first quarter worth $559,000. Finally, Moller Wealth Partners lifted its stake in Invesco Fundamental High Yield Corporate Bond ETF by 4.9% in the first quarter. Moller Wealth Partners now owns 36,481 shares of the company’s stock valued at $661,000 after acquiring an additional 1,702 shares during the last quarter.

Invesco Fundamental High Yield Corporate Bond ETF Price Performance

Shares of PHB opened at $18.61 on Friday. The firm has a 50-day moving average of $18.33 and a 200-day moving average of $18.12. Invesco Fundamental High Yield Corporate Bond ETF has a one year low of $16.75 and a one year high of $18.65.

About Invesco Fundamental High Yield Corporate Bond ETF

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.