Envestnet Asset Management Inc. Reduces Position in Invesco Fundamental High Yield Corporate Bond ETF $PHB

Envestnet Asset Management Inc. decreased its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 2.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 318,474 shares of the company’s stock after selling 7,211 shares during the quarter. Envestnet Asset Management Inc. owned about 1.68% of Invesco Fundamental High Yield Corporate Bond ETF worth $5,879,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in PHB. Blair William & Co. IL increased its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 88.2% in the 1st quarter. Blair William & Co. IL now owns 4,985 shares of the company’s stock valued at $90,000 after acquiring an additional 2,336 shares during the period. Ameritas Advisory Services LLC acquired a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF in the second quarter valued at about $129,000. Banque Cantonale Vaudoise purchased a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF in the first quarter worth about $196,000. Tcfg Wealth Management LLC acquired a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF during the second quarter worth about $220,000. Finally, Capital & Planning LLC acquired a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF during the second quarter worth about $233,000.

Invesco Fundamental High Yield Corporate Bond ETF Trading Down 0.1%

Shares of NYSEARCA:PHB opened at $18.59 on Thursday. Invesco Fundamental High Yield Corporate Bond ETF has a twelve month low of $17.33 and a twelve month high of $18.73. The company’s 50 day moving average is $18.58 and its 200 day moving average is $18.41.

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.