Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) Shares Sold by Truist Financial Corp

Truist Financial Corp lessened its stake in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 5.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 205,748 shares of the company’s stock after selling 11,861 shares during the quarter. Truist Financial Corp owned 0.65% of Invesco Fundamental High Yield Corporate Bond ETF worth $3,730,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. ZRC Wealth Management LLC purchased a new position in Invesco Fundamental High Yield Corporate Bond ETF in the fourth quarter worth approximately $68,000. Raymond James & Associates purchased a new position in Invesco Fundamental High Yield Corporate Bond ETF in the fourth quarter valued at $196,000. ProVise Management Group LLC acquired a new stake in Invesco Fundamental High Yield Corporate Bond ETF in the third quarter valued at $220,000. Csenge Advisory Group lifted its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 7.1% during the 3rd quarter. Csenge Advisory Group now owns 20,091 shares of the company’s stock worth $343,000 after buying an additional 1,328 shares during the last quarter. Finally, Clearstead Advisors LLC purchased a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the 3rd quarter worth about $350,000.

Invesco Fundamental High Yield Corporate Bond ETF Trading Up 0.3 %

PHB opened at $18.07 on Tuesday. Invesco Fundamental High Yield Corporate Bond ETF has a one year low of $16.75 and a one year high of $18.24. The business’s 50-day simple moving average is $17.97 and its 200-day simple moving average is $17.87.

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.