Alliance Wealth Management Group Reduces Holdings in Invesco Fundamental High Yield Corporate Bond ETF $PHB

Alliance Wealth Management Group decreased its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 91.1% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 20,810 shares of the company’s stock after selling 212,453 shares during the period. Alliance Wealth Management Group owned approximately 0.10% of Invesco Fundamental High Yield Corporate Bond ETF worth $387,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Strategic Advocates LLC acquired a new position in Invesco Fundamental High Yield Corporate Bond ETF during the 3rd quarter valued at approximately $146,000. Banque Cantonale Vaudoise raised its stake in Invesco Fundamental High Yield Corporate Bond ETF by 5.9% in the 3rd quarter. Banque Cantonale Vaudoise now owns 11,480 shares of the company’s stock worth $213,000 after acquiring an additional 642 shares during the last quarter. Tcfg Wealth Management LLC raised its stake in Invesco Fundamental High Yield Corporate Bond ETF by 4.6% in the 3rd quarter. Tcfg Wealth Management LLC now owns 12,443 shares of the company’s stock worth $232,000 after acquiring an additional 551 shares during the last quarter. JPMorgan Chase & Co. raised its stake 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 acquiring an additional 11,360 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its stake in 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 acquiring an additional 7,284 shares during the last quarter.

Invesco Fundamental High Yield Corporate Bond ETF Stock Performance

Shares of PHB stock opened at $18.11 on Wednesday. Invesco Fundamental High Yield Corporate Bond ETF has a 1 year low of $17.33 and a 1 year high of $18.73. The business has a fifty day moving average of $18.38 and a 200 day moving average of $18.52.

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.