Capital Planning LLC Invests $292,000 in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Capital Planning LLC purchased a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 16,125 shares of the company’s stock, valued at approximately $292,000.

Several other hedge funds also recently modified their holdings of PHB. CWM LLC increased its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 257.9% during the 3rd quarter. CWM LLC now owns 4,188 shares of the company’s stock worth $78,000 after purchasing an additional 3,018 shares during the last quarter. Code Waechter LLC acquired a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF during the 3rd quarter worth $224,000. Dynamic Advisor Solutions LLC increased its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 3.8% during the 3rd 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 last quarter. JPMorgan Chase & Co. increased its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 29.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 28,025 shares of the company’s stock worth $520,000 after purchasing an additional 6,331 shares during the last quarter. Finally, Moller Wealth Partners increased its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 1.9% during the 3rd quarter. Moller Wealth Partners now owns 38,744 shares of the company’s stock worth $718,000 after purchasing an additional 720 shares during the last quarter.

Invesco Fundamental High Yield Corporate Bond ETF Trading Up 0.1 %

NYSEARCA:PHB opened at $18.20 on Friday. Invesco Fundamental High Yield Corporate Bond ETF has a 1 year low of $17.67 and a 1 year high of $18.65. The firm’s fifty day simple moving average is $18.23 and its 200 day simple moving average is $18.29.

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.