Cetera Investment Advisers lessened its holdings in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB – Free Report) by 89.6% during the first quarter, HoldingsChannel reports. The fund owned 21,879 shares of the company’s stock after selling 188,823 shares during the quarter. Cetera Investment Advisers’ holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $393,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in the business. Arax Advisory Partners acquired a new position in Invesco Fundamental High Yield Corporate Bond ETF during the 4th quarter valued at about $30,000. Kestra Advisory Services LLC bought a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the fourth quarter worth $87,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF during the fourth quarter valued at about $99,000. Private Advisor Group LLC bought a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF during the 1st quarter worth approximately $187,000. Finally, Banque Cantonale Vaudoise boosted its position in Invesco Fundamental High Yield Corporate Bond ETF by 5.9% in the third quarter. Banque Cantonale Vaudoise now owns 11,480 shares of the company’s stock worth $213,000 after purchasing an additional 642 shares during the last quarter.
Invesco Fundamental High Yield Corporate Bond ETF Price Performance
NYSEARCA:PHB opened at $18.27 on Friday. The business has a fifty day simple moving average of $18.27 and a two-hundred day simple moving average of $18.30. Invesco Fundamental High Yield Corporate Bond ETF has a 1 year low of $17.33 and a 1 year high of $18.73.
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.
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