Tanager Wealth Management LLP Buys 541,988 Shares of Invesco International Corporate Bond ETF $PICB

Tanager Wealth Management LLP raised its stake in Invesco International Corporate Bond ETF (NYSEARCA:PICB) by 12.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,041,629 shares of the company’s stock after buying an additional 541,988 shares during the period. Invesco International Corporate Bond ETF makes up approximately 9.4% of Tanager Wealth Management LLP’s holdings, making the stock its 2nd largest holding. Tanager Wealth Management LLP owned about 32.84% of Invesco International Corporate Bond ETF worth $112,100,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. The Manufacturers Life Insurance Company purchased a new stake in shares of Invesco International Corporate Bond ETF during the 2nd quarter worth approximately $28,902,000. Walkner Condon Financial Advisors LLC grew its holdings in shares of Invesco International Corporate Bond ETF by 360.4% in the 1st quarter. Walkner Condon Financial Advisors LLC now owns 238,901 shares of the company’s stock worth $5,518,000 after acquiring an additional 187,010 shares during the period. Rathbones Group PLC grew its holdings in shares of Invesco International Corporate Bond ETF by 17.6% in the 1st quarter. Rathbones Group PLC now owns 130,009 shares of the company’s stock worth $3,003,000 after acquiring an additional 19,501 shares during the period. Private Advisor Group LLC increased its stake in Invesco International Corporate Bond ETF by 2.3% in the 1st quarter. Private Advisor Group LLC now owns 48,639 shares of the company’s stock valued at $1,124,000 after purchasing an additional 1,102 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in Invesco International Corporate Bond ETF by 71.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 40,009 shares of the company’s stock valued at $927,000 after purchasing an additional 16,724 shares in the last quarter.

Invesco International Corporate Bond ETF Stock Performance

NYSEARCA PICB traded down $0.20 during mid-day trading on Monday, hitting $22.15. The stock had a trading volume of 124,125 shares, compared to its average volume of 95,950. The company has a 50 day simple moving average of $22.78 and a 200 day simple moving average of $23.12. Invesco International Corporate Bond ETF has a 52-week low of $22.01 and a 52-week high of $24.56.

Invesco International Corporate Bond ETF Profile

PowerShares International Corporate Bond Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called the S&P International Corporate Bond Index (the Index). The Fund will normally invest at least 80% of its total assets in the securities that comprise the Index. The Index measures the performance of investment grade corporate bonds issued by non-the United States issuers in the currencies: Australian Dollar, British Pound, Canadian Dollar, Euro, Japanese Yen, Swiss Franc, Danish Krone, New Zealand Dollar, Norwegian Krone and Swedish Krona.