Truist Financial Corp Raises Stock Position in Invesco Fundamental Investment Grade Corporate Bond ETF $PFIG

Truist Financial Corp raised its stake in shares of Invesco Fundamental Investment Grade Corporate Bond ETF (NYSEARCA:PFIG) by 23.7% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 156,814 shares of the company’s stock after buying an additional 30,052 shares during the period. Truist Financial Corp owned about 4.30% of Invesco Fundamental Investment Grade Corporate Bond ETF worth $3,774,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Royal Bank of Canada raised its stake in shares of Invesco Fundamental Investment Grade Corporate Bond ETF by 6.9% during the 1st quarter. Royal Bank of Canada now owns 16,147 shares of the company’s stock valued at $384,000 after buying an additional 1,039 shares during the last quarter. Hobbs Group Advisors LLC raised its position in Invesco Fundamental Investment Grade Corporate Bond ETF by 5.3% during the first quarter. Hobbs Group Advisors LLC now owns 20,930 shares of the company’s stock valued at $498,000 after acquiring an additional 1,060 shares in the last quarter. Breakwater Capital Group raised its position in Invesco Fundamental Investment Grade Corporate Bond ETF by 10.2% during the second quarter. Breakwater Capital Group now owns 38,555 shares of the company’s stock valued at $928,000 after acquiring an additional 3,580 shares in the last quarter. LPL Financial LLC raised its position in Invesco Fundamental Investment Grade Corporate Bond ETF by 13.5% during the first quarter. LPL Financial LLC now owns 319,208 shares of the company’s stock valued at $7,600,000 after acquiring an additional 38,075 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in Invesco Fundamental Investment Grade Corporate Bond ETF during the first quarter valued at approximately $26,396,000.

Invesco Fundamental Investment Grade Corporate Bond ETF Stock Down 0.1%

NYSEARCA:PFIG opened at $24.32 on Thursday. The company has a 50 day moving average price of $24.23 and a 200-day moving average price of $23.96. Invesco Fundamental Investment Grade Corporate Bond ETF has a 1-year low of $22.64 and a 1-year high of $26.96.

Invesco Fundamental Investment Grade Corporate Bond ETF Profile

The Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) is an exchange-traded fund that is based on the RAFI Bonds US Investment Grade 1-10 index. The fund tracks a fundamental-weighted index of investment-grade corporate bonds available in US markets. Issues are selected and weighted using RAFI scores based on financial statement metrics.