Colorado Capital Management Inc. grew its holdings in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB – Free Report) by 3.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 182,803 shares of the company’s stock after buying an additional 5,765 shares during the quarter. Invesco Fundamental High Yield Corporate Bond ETF makes up 2.4% of Colorado Capital Management Inc.’s portfolio, making the stock its 15th largest position. Colorado Capital Management Inc. owned 0.56% of Invesco Fundamental High Yield Corporate Bond ETF worth $3,195,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Ameriprise Financial Inc. grew its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 199.7% in the 1st quarter. Ameriprise Financial Inc. now owns 167,883 shares of the company’s stock valued at $2,940,000 after purchasing an additional 111,869 shares during the period. GSB Wealth Management LLC acquired a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF during the 1st quarter worth $1,254,000. JPMorgan Chase & Co. boosted its stake in Invesco Fundamental High Yield Corporate Bond ETF by 9.8% in the first quarter. JPMorgan Chase & Co. now owns 36,927 shares of the company’s stock valued at $647,000 after buying an additional 3,284 shares in the last quarter. Anfield Capital Management LLC raised its position in Invesco Fundamental High Yield Corporate Bond ETF by 38.4% in the first quarter. Anfield Capital Management LLC now owns 235,033 shares of the company’s stock valued at $4,115,000 after purchasing an additional 65,170 shares during the last quarter. Finally, Hancock Whitney Corp raised its position in Invesco Fundamental High Yield Corporate Bond ETF by 4.8% in the first quarter. Hancock Whitney Corp now owns 17,819 shares of the company’s stock valued at $312,000 after purchasing an additional 815 shares during the last quarter.
Invesco Fundamental High Yield Corporate Bond ETF Price Performance
Shares of PHB traded down $0.03 during mid-day trading on Tuesday, reaching $17.24. 6,937 shares of the company were exchanged, compared to its average volume of 169,578. The business has a 50 day simple moving average of $17.43 and a two-hundred day simple moving average of $17.38. Invesco Fundamental High Yield Corporate Bond ETF has a 52 week low of $16.35 and a 52 week high of $17.83.
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.
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