Alliance Wealth Management Group increased its position in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB – Free Report) by 2.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 236,471 shares of the company’s stock after buying an additional 4,528 shares during the period. Invesco Fundamental High Yield Corporate Bond ETF comprises approximately 1.1% of Alliance Wealth Management Group’s holdings, making the stock its 28th largest position. Alliance Wealth Management Group owned 0.66% of Invesco Fundamental High Yield Corporate Bond ETF worth $4,275,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of the business. Rialto Wealth Management LLC bought a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the 4th quarter valued at approximately $60,000. Jones Financial Companies Lllp boosted its stake in Invesco Fundamental High Yield Corporate Bond ETF by 579.0% in the 4th quarter. Jones Financial Companies Lllp now owns 10,001 shares of the company’s stock worth $181,000 after purchasing an additional 8,528 shares during the period. Capital & Planning LLC purchased a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the 4th quarter valued at approximately $292,000. JPMorgan Chase & Co. raised its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 29.2% during the third quarter. JPMorgan Chase & Co. now owns 28,025 shares of the company’s stock valued at $520,000 after buying an additional 6,331 shares during the last quarter. Finally, Csenge Advisory Group lifted its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 37.6% in the fourth quarter. Csenge Advisory Group now owns 29,473 shares of the company’s stock worth $533,000 after buying an additional 8,046 shares in the last quarter.
Invesco Fundamental High Yield Corporate Bond ETF Stock Performance
Shares of NYSEARCA:PHB opened at $18.06 on Tuesday. The firm has a fifty day moving average price of $18.21 and a 200 day moving average price of $18.27. Invesco Fundamental High Yield Corporate Bond ETF has a fifty-two week low of $17.68 and a fifty-two week high of $18.65.
Invesco Fundamental High Yield Corporate Bond ETF Cuts Dividend
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.
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