49,997 Shares in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) Bought by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new stake in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 49,997 shares of the company’s stock, valued at approximately $904,000. Raymond James Financial Inc. owned 0.14% of Invesco Fundamental High Yield Corporate Bond ETF as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Bank of New York Mellon Corp boosted its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 6.0% during the fourth quarter. Bank of New York Mellon Corp now owns 2,084,991 shares of the company’s stock valued at $37,697,000 after acquiring an additional 118,308 shares during the period. Revolve Wealth Partners LLC grew its position in Invesco Fundamental High Yield Corporate Bond ETF by 5.3% in the 4th quarter. Revolve Wealth Partners LLC now owns 314,063 shares of the company’s stock worth $5,678,000 after purchasing an additional 15,804 shares during the last quarter. Truist Financial Corp increased its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 41.8% in the fourth quarter. Truist Financial Corp now owns 288,146 shares of the company’s stock valued at $5,210,000 after purchasing an additional 84,927 shares during the period. Vontobel Holding Ltd. raised its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 2.9% during the fourth quarter. Vontobel Holding Ltd. now owns 211,321 shares of the company’s stock valued at $3,821,000 after buying an additional 5,940 shares during the last quarter. Finally, Colorado Capital Management Inc. boosted its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 4.8% during the fourth quarter. Colorado Capital Management Inc. now owns 204,696 shares of the company’s stock worth $3,701,000 after buying an additional 9,401 shares during the period.

Invesco Fundamental High Yield Corporate Bond ETF Price Performance

Shares of PHB stock opened at $17.73 on Friday. Invesco Fundamental High Yield Corporate Bond ETF has a 12-month low of $17.63 and a 12-month high of $18.65. The business has a 50 day simple moving average of $18.19 and a 200 day simple moving average of $18.26.

Invesco Fundamental High Yield Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.0878 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.