Alliance Wealth Management Group Sells 4,616 Shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Alliance Wealth Management Group decreased its holdings in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 2.0% in the first quarter, Holdings Channel reports. The fund owned 231,855 shares of the company’s stock after selling 4,616 shares during the quarter. Invesco Fundamental High Yield Corporate Bond ETF makes up 1.1% of Alliance Wealth Management Group’s holdings, making the stock its 28th biggest holding. Alliance Wealth Management Group’s holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $4,187,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in PHB. Golden State Wealth Management LLC purchased a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the first quarter valued at approximately $37,000. Banque Cantonale Vaudoise purchased a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF in the 1st quarter worth approximately $196,000. Consolidated Portfolio Review Corp increased its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 14.4% during the 1st quarter. Consolidated Portfolio Review Corp now owns 13,866 shares of the company’s stock valued at $250,000 after purchasing an additional 1,750 shares during the last quarter. Aurora Private Wealth Inc. purchased a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the 1st quarter valued at $271,000. Finally, Patriot Financial Group Insurance Agency LLC bought a new stake in Invesco Fundamental High Yield Corporate Bond ETF in the first quarter worth $279,000.

Invesco Fundamental High Yield Corporate Bond ETF Stock Down 0.2%

NYSEARCA PHB opened at $18.36 on Thursday. Invesco Fundamental High Yield Corporate Bond ETF has a 52 week low of $17.33 and a 52 week high of $18.65. The company has a fifty day moving average of $18.32 and a two-hundred day moving average of $18.18.

Invesco Fundamental High Yield Corporate Bond ETF Company 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.