Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) Shares Up 0.2%

Posted by Adam Masters on Jul 18th, 2024

Invesco High Yield Bond Factor ETF (NASDAQ:IHYF – Get Free Report)’s stock price shot up 0.2% during trading on Monday . The company traded as high as $22.49 and last traded at $22.44. 5,374 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 16,210 shares. The stock had previously closed at $22.39.

Invesco High Yield Bond Factor ETF Price Performance

The stock’s fifty day moving average is $22.22 and its 200 day moving average is $22.19.

Invesco High Yield Bond Factor ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were issued a $0.1331 dividend. This is an increase from Invesco High Yield Bond Factor ETF’s previous monthly dividend of $0.12. The ex-dividend date of this dividend was Monday, June 24th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 7.10%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Simplicity Wealth LLC lifted its stake in Invesco High Yield Bond Factor ETF by 354.4% in the fourth quarter. Simplicity Wealth LLC now owns 60,847 shares of the company’s stock worth $1,362,000 after purchasing an additional 47,456 shares during the last quarter. Avestar Capital LLC lifted its stake in Invesco High Yield Bond Factor ETF by 24.4% in the fourth quarter. Avestar Capital LLC now owns 21,729 shares of the company’s stock worth $486,000 after purchasing an additional 4,261 shares during the last quarter. Finally, Hobart Private Capital LLC bought a new stake in Invesco High Yield Bond Factor ETF in the fourth quarter worth about $260,000.

Invesco High Yield Bond Factor ETF Company Profile

(Get Free Report)

The Invesco High Yield Bond Factor ETF (IHYF) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively-managed fund designed to provide exposure to a broad selection of high yield, fixed income securities. IHYF was launched on Dec 2, 2020 and is managed by Invesco.