Code Waechter LLC Trims Stock Holdings in Invesco Fundamental High Yield Corporate Bond ETF $PHB

Code Waechter LLC reduced its position in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 42.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,993 shares of the company’s stock after selling 8,982 shares during the period. Code Waechter LLC owned approximately 0.06% of Invesco Fundamental High Yield Corporate Bond ETF worth $221,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in PHB. Advisors Preferred LLC grew its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 64.0% during the 1st quarter. Advisors Preferred LLC now owns 352,238 shares of the company’s stock valued at $6,376,000 after purchasing an additional 137,428 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF during the 1st quarter valued at $1,720,000. LPL Financial LLC grew its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 7.5% during the 1st quarter. LPL Financial LLC now owns 845,119 shares of the company’s stock valued at $15,263,000 after purchasing an additional 58,750 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 1.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,392,518 shares of the company’s stock valued at $25,706,000 after purchasing an additional 26,107 shares in the last quarter. Finally, Jane Street Group LLC grew its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 24.9% during the 1st quarter. Jane Street Group LLC now owns 129,808 shares of the company’s stock valued at $2,344,000 after purchasing an additional 25,869 shares in the last quarter.

Invesco Fundamental High Yield Corporate Bond ETF Stock Performance

PHB opened at $18.45 on Tuesday. The company has a fifty day moving average price of $18.58 and a 200-day moving average price of $18.38. Invesco Fundamental High Yield Corporate Bond ETF has a one year low of $17.33 and a one year high of $18.73.

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.