Jones Financial Companies Lllp Raises Position in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Jones Financial Companies Lllp increased its holdings in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 579.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,001 shares of the company’s stock after purchasing an additional 8,528 shares during the quarter. Jones Financial Companies Lllp’s holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $181,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in PHB. Bank of New York Mellon Corp grew its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 6.0% in the 4th quarter. Bank of New York Mellon Corp now owns 2,084,991 shares of the company’s stock worth $37,697,000 after acquiring an additional 118,308 shares during the last quarter. Wealthspire Advisors LLC bought a new stake in Invesco Fundamental High Yield Corporate Bond ETF in the 4th quarter worth $642,000. Valley Wealth Managers Inc. grew its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 10.9% in the 4th quarter. Valley Wealth Managers Inc. now owns 46,978 shares of the company’s stock worth $849,000 after acquiring an additional 4,629 shares during the last quarter. Truist Financial Corp grew its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 41.8% in the 4th quarter. Truist Financial Corp now owns 288,146 shares of the company’s stock worth $5,210,000 after acquiring an additional 84,927 shares during the last quarter. Finally, Csenge Advisory Group grew its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 37.6% in the 4th quarter. Csenge Advisory Group now owns 29,473 shares of the company’s stock worth $533,000 after acquiring an additional 8,046 shares during the last quarter.

Invesco Fundamental High Yield Corporate Bond ETF Stock Up 0.3 %

Shares of PHB opened at $18.13 on Friday. The firm’s 50-day moving average price is $18.21 and its 200-day moving average price is $18.30. Invesco Fundamental High Yield Corporate Bond ETF has a 1-year low of $17.68 and a 1-year 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.