Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) Stock Holdings Raised by Wells Fargo & Company MN

Wells Fargo & Company MN grew its stake in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 4.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,341,646 shares of the company’s stock after purchasing an additional 59,924 shares during the quarter. Wells Fargo & Company MN owned approximately 3.76% of Invesco Fundamental High Yield Corporate Bond ETF worth $24,257,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Bank of New York Mellon Corp increased its stake in Invesco Fundamental High Yield Corporate Bond ETF by 6.0% during the fourth quarter. Bank of New York Mellon Corp now owns 2,084,991 shares of the company’s stock valued at $37,697,000 after purchasing an additional 118,308 shares during the last quarter. Truist Financial Corp boosted its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 41.8% in the 4th quarter. Truist Financial Corp now owns 288,146 shares of the company’s stock valued at $5,210,000 after buying an additional 84,927 shares during the period. Seros Financial LLC bought a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF during the 4th quarter valued at about $990,000. Raymond James Financial Inc. acquired a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the fourth quarter worth about $904,000. Finally, Wealthspire Advisors LLC bought a new position in Invesco Fundamental High Yield Corporate Bond ETF in the fourth quarter worth about $642,000.

Invesco Fundamental High Yield Corporate Bond ETF Stock Up 0.3 %

NYSEARCA:PHB opened at $17.62 on Friday. The stock has a 50 day moving average of $18.11 and a 200-day moving average of $18.22. Invesco Fundamental High Yield Corporate Bond ETF has a 52 week low of $17.33 and a 52 week high of $18.65.

Invesco Fundamental High Yield Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a $0.0878 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.