Commonwealth Equity Services LLC Grows Stake in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Commonwealth Equity Services LLC increased its holdings in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 10.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,128 shares of the company’s stock after buying an additional 3,013 shares during the period. Commonwealth Equity Services LLC owned 0.09% of Invesco Fundamental High Yield Corporate Bond ETF worth $563,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Benjamin Edwards Inc. raised its stake in Invesco Fundamental High Yield Corporate Bond ETF by 500.0% in the third quarter. Benjamin Edwards Inc. now owns 103,717 shares of the company’s stock valued at $1,923,000 after purchasing an additional 86,430 shares in the last quarter. Stifel Financial Corp increased its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 4.9% in the 3rd quarter. Stifel Financial Corp now owns 67,720 shares of the company’s stock worth $1,256,000 after buying an additional 3,187 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 29.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 28,025 shares of the company’s stock valued at $520,000 after buying an additional 6,331 shares in the last quarter. Moller Wealth Partners lifted its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 37.2% during the 4th quarter. Moller Wealth Partners now owns 53,172 shares of the company’s stock worth $961,000 after acquiring an additional 14,428 shares during the last quarter. Finally, First International Bank & Trust lifted its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 3.1% during the 4th quarter. First International Bank & Trust now owns 193,209 shares of the company’s stock worth $3,493,000 after acquiring an additional 5,855 shares during the last quarter.

Invesco Fundamental High Yield Corporate Bond ETF Price Performance

PHB opened at $17.73 on Friday. The business’s fifty day simple moving average is $18.19 and its 200 day simple moving average is $18.26. Invesco Fundamental High Yield Corporate Bond ETF has a 52 week low of $17.63 and a 52 week high of $18.65.

Invesco Fundamental High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.0878 per share. 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.