Advisors Preferred LLC Decreases Stock Position in Invesco Fundamental High Yield Corporate Bond ETF $PHB

Advisors Preferred LLC cut its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 35.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 114,409 shares of the company’s stock after selling 64,215 shares during the quarter. Advisors Preferred LLC owned 0.60% of Invesco Fundamental High Yield Corporate Bond ETF worth $2,131,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Simplex Trading LLC bought a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF in the second quarter worth about $64,000. JPMorgan Chase & Co. lifted its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 162.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 18,343 shares of the company’s stock worth $341,000 after buying an additional 11,360 shares during the period. Jones Financial Companies Lllp grew its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 63.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 18,845 shares of the company’s stock worth $350,000 after buying an additional 7,284 shares during the last quarter. TD Private Client Wealth LLC increased its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 12.3% during the third quarter. TD Private Client Wealth LLC now owns 26,015 shares of the company’s stock valued at $483,000 after buying an additional 2,855 shares during the period. Finally, Dynamic Advisor Solutions LLC increased its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 11.8% during the third quarter. Dynamic Advisor Solutions LLC now owns 29,901 shares of the company’s stock valued at $556,000 after buying an additional 3,160 shares during the period.

Invesco Fundamental High Yield Corporate Bond ETF Price Performance

Shares of PHB opened at $18.71 on Friday. Invesco Fundamental High Yield Corporate Bond ETF has a 1-year low of $17.33 and a 1-year high of $18.73. The firm’s 50-day moving average price is $18.65 and its 200-day moving average price is $18.59.

Invesco Fundamental High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a $0.0887 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend was Tuesday, January 20th. This is a positive change from Invesco Fundamental High Yield Corporate Bond ETF’s previous monthly dividend of $0.09.

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.