Bank of New York Mellon Corp Lowers Position in Invesco Fundamental High Yield Corporate Bond ETF $PHB

Bank of New York Mellon Corp reduced its position in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 47.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 737,535 shares of the company’s stock after selling 658,469 shares during the quarter. Bank of New York Mellon Corp’s holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $13,231,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Revolve Wealth Partners LLC lifted its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 5.3% in the 4th quarter. Revolve Wealth Partners LLC now owns 314,063 shares of the company’s stock valued at $5,678,000 after purchasing an additional 15,804 shares in the last quarter. Royal Bank of Canada increased its position in Invesco Fundamental High Yield Corporate Bond ETF by 11.4% during the 1st quarter. Royal Bank of Canada now owns 54,784 shares of the company’s stock worth $989,000 after purchasing an additional 5,623 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in Invesco Fundamental High Yield Corporate Bond ETF in the first quarter valued at approximately $1,720,000. Jane Street Group LLC lifted its position in Invesco Fundamental High Yield Corporate Bond ETF by 24.9% during the first quarter. Jane Street Group LLC now owns 129,808 shares of the company’s stock valued at $2,344,000 after buying an additional 25,869 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its position in Invesco Fundamental High Yield Corporate Bond ETF by 4.0% during the second quarter. Baird Financial Group Inc. now owns 86,109 shares of the company’s stock valued at $1,590,000 after buying an additional 3,338 shares in the last quarter.

Invesco Fundamental High Yield Corporate Bond ETF Stock Up 0.2%

Shares of Invesco Fundamental High Yield Corporate Bond ETF stock opened at $18.27 on Friday. The company has a fifty day moving average price of $18.26 and a 200 day moving average price of $18.34. Invesco Fundamental High Yield Corporate Bond ETF has a twelve month low of $17.33 and a twelve month high of $18.73.

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.