Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) Shares Acquired by Towercrest Capital Management

Towercrest Capital Management increased its stake in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 2.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 236,471 shares of the company’s stock after buying an additional 4,528 shares during the period. Towercrest Capital Management’s holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $4,275,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of PHB. LPL Financial LLC raised its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 4.7% during the fourth quarter. LPL Financial LLC now owns 786,369 shares of the company’s stock valued at $14,218,000 after purchasing an additional 35,212 shares during the period. TD Private Client Wealth LLC increased its stake in Invesco Fundamental High Yield Corporate Bond ETF by 604.1% during the fourth quarter. TD Private Client Wealth LLC now owns 30,635 shares of the company’s stock valued at $554,000 after purchasing an additional 26,284 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 10.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 31,128 shares of the company’s stock valued at $563,000 after acquiring an additional 3,013 shares during the period. Rialto Wealth Management LLC acquired a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF during the fourth quarter valued at $60,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF during the fourth quarter valued at $904,000.

Invesco Fundamental High Yield Corporate Bond ETF Stock Down 0.2 %

PHB stock opened at $18.20 on Monday. The company has a 50-day simple moving average of $18.22 and a 200 day simple moving average of $18.29. Invesco Fundamental High Yield Corporate Bond ETF has a fifty-two week low of $17.68 and a fifty-two week high of $18.65.

Invesco Fundamental High Yield Corporate Bond ETF Company 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.