Stifel Financial Corp Raises Stake in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Stifel Financial Corp boosted its holdings in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 4.9% during the third quarter, Holdings Channel.com reports. The firm owned 67,720 shares of the company’s stock after acquiring an additional 3,187 shares during the quarter. Stifel Financial Corp’s holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $1,256,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Benjamin Edwards Inc. raised its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 500.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 103,717 shares of the company’s stock worth $1,923,000 after purchasing an additional 86,430 shares during the last quarter. Cetera Investment Advisers increased its stake in Invesco Fundamental High Yield Corporate Bond ETF by 79.1% during the 2nd quarter. Cetera Investment Advisers now owns 75,820 shares of the company’s stock valued at $1,362,000 after purchasing an additional 33,476 shares in the last quarter. Moller Wealth Partners raised its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 1.9% in the third quarter. Moller Wealth Partners now owns 38,744 shares of the company’s stock worth $718,000 after buying an additional 720 shares during the last quarter. Anfield Capital Management LLC lifted its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 40.8% in the second quarter. Anfield Capital Management LLC now owns 533,652 shares of the company’s stock worth $9,590,000 after buying an additional 154,522 shares in the last quarter. Finally, Private Advisor Group LLC grew its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 5.7% during the third quarter. Private Advisor Group LLC now owns 122,553 shares of the company’s stock valued at $2,272,000 after buying an additional 6,652 shares during the last quarter.

Invesco Fundamental High Yield Corporate Bond ETF Price Performance

Shares of PHB opened at $18.17 on Monday. Invesco Fundamental High Yield Corporate Bond ETF has a twelve month low of $17.67 and a twelve month high of $18.65. The firm has a 50 day moving average of $18.31 and a 200 day moving average of $18.29.

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.