Envestnet Asset Management Inc. Sells 11,579 Shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Envestnet Asset Management Inc. lowered its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 2.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 420,322 shares of the company’s stock after selling 11,579 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $7,553,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in PHB. Transcendent Capital Group LLC bought a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the fourth quarter valued at about $31,000. Mosley Wealth Management bought a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the first quarter valued at about $204,000. Prudent Investors Network Inc. bought a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the first quarter valued at about $559,000. Moller Wealth Partners boosted its position in Invesco Fundamental High Yield Corporate Bond ETF by 4.9% during the first quarter. Moller Wealth Partners now owns 36,481 shares of the company’s stock valued at $661,000 after purchasing an additional 1,702 shares in the last quarter. Finally, Prairiewood Capital LLC boosted its position in Invesco Fundamental High Yield Corporate Bond ETF by 10.0% during the first quarter. Prairiewood Capital LLC now owns 45,682 shares of the company’s stock valued at $828,000 after purchasing an additional 4,154 shares in the last quarter.

Invesco Fundamental High Yield Corporate Bond ETF Trading Up 0.1 %

Invesco Fundamental High Yield Corporate Bond ETF stock opened at $18.54 on Friday. The stock has a 50-day moving average of $18.36 and a two-hundred day moving average of $18.14. Invesco Fundamental High Yield Corporate Bond ETF has a one year low of $16.75 and a one year high of $18.65.

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.