Strategic Advocates LLC Trims Stake in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Strategic Advocates LLC decreased its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 76.8% in the fourth quarter, HoldingsChannel reports. The fund owned 11,809 shares of the company’s stock after selling 39,025 shares during the quarter. Strategic Advocates LLC’s holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $214,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of PHB. CWM LLC grew its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 257.9% during the third quarter. CWM LLC now owns 4,188 shares of the company’s stock valued at $78,000 after purchasing an additional 3,018 shares during the period. Code Waechter LLC bought a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF during the 3rd quarter valued at approximately $224,000. Capital Planning LLC purchased a new stake in Invesco Fundamental High Yield Corporate Bond ETF in the 4th quarter worth approximately $292,000. Dynamic Advisor Solutions LLC raised its stake in Invesco Fundamental High Yield Corporate Bond ETF by 3.8% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 25,782 shares of the company’s stock worth $478,000 after acquiring an additional 932 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 29.2% during the third quarter. JPMorgan Chase & Co. now owns 28,025 shares of the company’s stock valued at $520,000 after purchasing an additional 6,331 shares in the last quarter.

Invesco Fundamental High Yield Corporate Bond ETF Price Performance

Shares of NYSEARCA PHB opened at $18.24 on Friday. Invesco Fundamental High Yield Corporate Bond ETF has a 1 year low of $17.67 and a 1 year high of $18.65. The firm has a fifty day moving average price of $18.21 and a 200-day moving average price of $18.30.

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.