LPL Financial LLC Decreases Stock Holdings in Invesco High Yield Bond Factor ETF (NASDAQ:IHYF)

LPL Financial LLC decreased its position in Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) by 51.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,814 shares of the company’s stock after selling 47,280 shares during the quarter. LPL Financial LLC owned approximately 2.56% of Invesco High Yield Bond Factor ETF worth $967,000 at the end of the most recent quarter.

Separately, AdvisorNet Financial Inc purchased a new position in shares of Invesco High Yield Bond Factor ETF in the second quarter valued at about $112,000.

Invesco High Yield Bond Factor ETF Stock Performance

IHYF stock opened at $21.57 on Friday. The firm’s 50-day moving average price is $21.24 and its two-hundred day moving average price is $21.40. Invesco High Yield Bond Factor ETF has a 12-month low of $20.78 and a 12-month high of $22.25.

Invesco High Yield Bond Factor ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, October 27th. Stockholders of record on Tuesday, October 24th were paid a dividend of $0.1283 per share. This represents a $1.54 dividend on an annualized basis and a dividend yield of 7.14%. The ex-dividend date was Monday, October 23rd.

About Invesco High Yield Bond Factor ETF

The Invesco High Yield Bond Factor ETF (IHYF) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively-managed fund designed to provide exposure to a broad selection of high yield, fixed income securities. IHYF was launched on Dec 2, 2020 and is managed by Invesco.