Rialto Wealth Management LLC Makes New $60,000 Investment in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Rialto Wealth Management LLC purchased a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 3,305 shares of the company’s stock, valued at approximately $60,000.

Several other large investors also recently modified their holdings of the stock. Jones Financial Companies Lllp lifted its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 579.0% during the 4th quarter. Jones Financial Companies Lllp now owns 10,001 shares of the company’s stock valued at $181,000 after acquiring an additional 8,528 shares during the period. Capital & Planning LLC acquired a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF during the fourth quarter valued at about $292,000. JPMorgan Chase & Co. boosted its position 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 in the last quarter. Csenge Advisory Group grew its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 37.6% in the 4th quarter. Csenge Advisory Group now owns 29,473 shares of the company’s stock valued at $533,000 after buying an additional 8,046 shares during the period. Finally, Wealthspire Advisors LLC acquired a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF in the 4th quarter valued at about $642,000.

Invesco Fundamental High Yield Corporate Bond ETF Stock Up 0.3 %

PHB stock opened at $18.26 on Monday. The stock’s 50 day simple moving average is $18.20 and its 200 day simple moving average is $18.30. 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.

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.