Royal Fund Management LLC Grows Stake in Invesco Global ex-US High Yield Corporate Bond ETF $PGHY

Royal Fund Management LLC increased its holdings in shares of Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) by 193.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 264,012 shares of the company’s stock after purchasing an additional 174,118 shares during the quarter. Royal Fund Management LLC owned approximately 2.74% of Invesco Global ex-US High Yield Corporate Bond ETF worth $5,252,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PGHY. Farther Finance Advisors LLC purchased a new position in Invesco Global ex-US High Yield Corporate Bond ETF in the third quarter valued at approximately $27,000. JPMorgan Chase & Co. lifted its position in shares of Invesco Global ex-US High Yield Corporate Bond ETF by 421.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,618 shares of the company’s stock worth $92,000 after buying an additional 3,732 shares during the last quarter. Focus Partners Wealth purchased a new stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF during the 1st quarter worth approximately $258,000. Virtu Financial LLC acquired a new position in shares of Invesco Global ex-US High Yield Corporate Bond ETF in the 3rd quarter valued at $354,000. Finally, APS Management Group Inc. acquired a new position in shares of Invesco Global ex-US High Yield Corporate Bond ETF in the 3rd quarter valued at $420,000.

Invesco Global ex-US High Yield Corporate Bond ETF Price Performance

NYSEARCA PGHY opened at $19.31 on Tuesday. The firm’s fifty day moving average price is $19.83 and its 200 day moving average price is $19.91. Invesco Global ex-US High Yield Corporate Bond ETF has a 12 month low of $18.75 and a 12 month high of $20.40.

Invesco Global ex-US High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were issued a dividend of $0.1098 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) annualized dividend and a dividend yield of 6.8%.

Invesco Global ex-US High Yield Corporate Bond ETF Profile

The Invesco Global Short Term High Yield Bond ETF (PGHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an equal-weighted index of short-term USD-denominated, high-yield corporate bonds issues by US and foreign corporations. PGHY was launched on Jun 20, 2013 and is managed by Invesco.