McAdam LLC Has $1.21 Million Stake in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

McAdam LLC decreased its holdings in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 8.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 65,085 shares of the company’s stock after selling 6,306 shares during the period. McAdam LLC owned approximately 0.18% of Invesco Fundamental High Yield Corporate Bond ETF worth $1,207,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of PHB. CWM LLC lifted its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 257.9% in the 3rd quarter. CWM LLC now owns 4,188 shares of the company’s stock valued at $78,000 after acquiring an additional 3,018 shares during the last quarter. Code Waechter LLC bought a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF during the 3rd quarter worth approximately $224,000. Dynamic Advisor Solutions LLC grew its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 3.8% in the third quarter. Dynamic Advisor Solutions LLC now owns 25,782 shares of the company’s stock worth $478,000 after purchasing an additional 932 shares during the period. Prudent Investors Network Inc. acquired a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF in the 1st quarter valued at about $559,000. Finally, Moller Wealth Partners grew its stake in Invesco Fundamental High Yield Corporate Bond ETF by 4.2% in the second quarter. Moller Wealth Partners now owns 38,024 shares of the company’s stock valued at $683,000 after acquiring an additional 1,543 shares during the period.

Invesco Fundamental High Yield Corporate Bond ETF Stock Performance

Shares of PHB stock opened at $18.22 on Thursday. The firm has a fifty day simple moving average of $18.44 and a two-hundred day simple moving average of $18.18. Invesco Fundamental High Yield Corporate Bond ETF has a 12 month low of $16.83 and a 12 month high of $18.65.

About Invesco Fundamental High Yield Corporate Bond ETF

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.