Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) Shares Acquired by Portfolio Solutions LLC

Portfolio Solutions LLC increased its position in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 2.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 146,454 shares of the company’s stock after acquiring an additional 3,619 shares during the period. Invesco Fundamental High Yield Corporate Bond ETF makes up about 0.4% of Portfolio Solutions LLC’s investment portfolio, making the stock its 14th largest position. Portfolio Solutions LLC’s holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $2,775,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in PHB. Bank of New York Mellon Corp lifted its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 33.8% in the fourth quarter. Bank of New York Mellon Corp now owns 14,088 shares of the company’s stock valued at $249,000 after buying an additional 3,557 shares during the period. Deutsche Bank AG purchased a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF during the fourth quarter valued at $56,000. Financial Gravity Wealth Inc. purchased a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF during the first quarter valued at $38,000. Harborview Advisors LLC purchased a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF during the first quarter valued at $284,000. Finally, McAdam LLC lifted its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 9.4% during the first quarter. McAdam LLC now owns 166,307 shares of the company’s stock valued at $3,102,000 after purchasing an additional 14,240 shares during the last quarter.

Shares of NYSEARCA PHB traded down $0.02 during mid-day trading on Monday, hitting $18.88. 702 shares of the company traded hands, compared to its average volume of 445,935. Invesco Fundamental High Yield Corporate Bond ETF has a 1 year low of $17.45 and a 1 year high of $19.06. The business has a 50 day moving average of $18.94 and a two-hundred day moving average of $18.74.

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Institutional Ownership by Quarter for Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

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