Evergreen Capital Management LLC Makes New Investment in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Evergreen Capital Management LLC bought a new stake in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 662,584 shares of the company’s stock, valued at approximately $11,907,000. Evergreen Capital Management LLC owned approximately 1.86% of Invesco Fundamental High Yield Corporate Bond ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Wells Fargo & Company MN grew its stake in Invesco Fundamental High Yield Corporate Bond ETF by 3.0% in the 4th quarter. Wells Fargo & Company MN now owns 1,299,234 shares of the company’s stock valued at $23,555,000 after purchasing an additional 38,214 shares during the period. Strategic Advocates LLC increased its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 21.7% during the first quarter. Strategic Advocates LLC now owns 87,506 shares of the company’s stock worth $1,586,000 after buying an additional 15,574 shares during the last quarter. Transcendent Capital Group LLC bought a new stake in Invesco Fundamental High Yield Corporate Bond ETF in the fourth quarter worth about $31,000. Revolve Wealth Partners LLC boosted its stake in Invesco Fundamental High Yield Corporate Bond ETF by 11.3% in the second quarter. Revolve Wealth Partners LLC now owns 270,751 shares of the company’s stock valued at $4,865,000 after acquiring an additional 27,400 shares during the last quarter. Finally, Towercrest Capital Management grew its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 2.3% during the second quarter. Towercrest Capital Management now owns 235,393 shares of the company’s stock valued at $4,230,000 after purchasing an additional 5,249 shares during the period.

Invesco Fundamental High Yield Corporate Bond ETF Trading Up 0.1 %

Shares of NYSEARCA:PHB opened at $18.61 on Monday. The company has a 50-day moving average price of $18.33 and a two-hundred day moving average price of $18.12. Invesco Fundamental High Yield Corporate Bond ETF has a twelve month low of $16.75 and a twelve month high of $18.65.

Invesco Fundamental High Yield Corporate Bond ETF 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.