Sequent Planning LLC Reduces Stake in Invesco High Yield Bond Factor ETF (NASDAQ:IHYF)

Sequent Planning LLC lowered its holdings in Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) by 6.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 10,912 shares of the company’s stock after selling 777 shares during the period. Sequent Planning LLC’s holdings in Invesco High Yield Bond Factor ETF were worth $246,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of IHYF. Jane Street Group LLC purchased a new stake in Invesco High Yield Bond Factor ETF in the 3rd quarter worth approximately $1,069,000. MRA Advisory Group lifted its holdings in Invesco High Yield Bond Factor ETF by 5.2% in the 4th quarter. MRA Advisory Group now owns 531,435 shares of the company’s stock worth $11,963,000 after buying an additional 26,134 shares during the period. Finally, Independent Advisor Alliance purchased a new stake in Invesco High Yield Bond Factor ETF in the 4th quarter worth approximately $1,740,000.

Invesco High Yield Bond Factor ETF Trading Up 0.0 %

NASDAQ IHYF opened at $22.64 on Monday. The stock has a 50 day simple moving average of $22.60 and a two-hundred day simple moving average of $22.62. Invesco High Yield Bond Factor ETF has a fifty-two week low of $21.82 and a fifty-two week high of $22.96.

Invesco High Yield Bond Factor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were paid a $0.1361 dividend. The ex-dividend date was Monday, February 24th.

About Invesco High Yield Bond Factor ETF

The Invesco High Yield Bond Factor ETF (IHYF) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively-managed fund designed to provide exposure to a broad selection of high yield, fixed income securities. IHYF was launched on Dec 2, 2020 and is managed by Invesco.