Wealthspire Advisors LLC Buys New Shares in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Wealthspire Advisors LLC purchased a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 35,498 shares of the company’s stock, valued at approximately $642,000. Wealthspire Advisors LLC owned 0.10% of Invesco Fundamental High Yield Corporate Bond ETF as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in PHB. Valley Wealth Managers Inc. raised its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 10.9% in the 4th quarter. Valley Wealth Managers Inc. now owns 46,978 shares of the company’s stock worth $849,000 after purchasing an additional 4,629 shares during the period. Truist Financial Corp raised its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 41.8% in the fourth 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. Csenge Advisory Group lifted its position in Invesco Fundamental High Yield Corporate Bond ETF by 37.6% during the fourth 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 in the last quarter. Vontobel Holding Ltd. lifted its position in Invesco Fundamental High Yield Corporate Bond ETF by 2.9% during the fourth quarter. Vontobel Holding Ltd. now owns 211,321 shares of the company’s stock valued at $3,821,000 after buying an additional 5,940 shares in the last quarter. Finally, Wagner Wealth Management LLC grew its stake in Invesco Fundamental High Yield Corporate Bond ETF by 5.6% during the fourth quarter. Wagner Wealth Management LLC now owns 41,354 shares of the company’s stock worth $748,000 after buying an additional 2,185 shares during the period.

Invesco Fundamental High Yield Corporate Bond ETF Price Performance

Invesco Fundamental High Yield Corporate Bond ETF stock opened at $18.25 on Wednesday. The firm has a fifty day moving average of $18.18 and a 200-day moving average of $18.31. Invesco Fundamental High Yield Corporate Bond ETF has a 52-week low of $17.67 and a 52-week high of $18.65.

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.