Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) Stock Position Reduced by Freedom Investment Management Inc.

Freedom Investment Management Inc. reduced its position in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 6.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,705 shares of the company’s stock after selling 1,776 shares during the period. Freedom Investment Management Inc.’s holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $477,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. CWM LLC lifted its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 257.9% in the 3rd quarter. CWM LLC now owns 4,188 shares of the company’s stock worth $78,000 after buying an additional 3,018 shares during the last quarter. Code Waechter LLC acquired a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the third quarter worth about $224,000. Dynamic Advisor Solutions LLC lifted its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 3.8% in the third quarter. Dynamic Advisor Solutions LLC now owns 25,782 shares of the company’s stock worth $478,000 after acquiring an additional 932 shares during the last quarter. Moller Wealth Partners boosted its stake in Invesco Fundamental High Yield Corporate Bond ETF by 1.9% in the third quarter. Moller Wealth Partners now owns 38,744 shares of the company’s stock valued at $718,000 after acquiring an additional 720 shares during the period. Finally, Wagner Wealth Management LLC grew its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 2.0% during the third quarter. Wagner Wealth Management LLC now owns 39,169 shares of the company’s stock valued at $726,000 after purchasing an additional 777 shares during the last quarter.

Invesco Fundamental High Yield Corporate Bond ETF Price Performance

Shares of NYSEARCA PHB opened at $18.38 on Friday. The stock’s 50 day simple moving average is $18.35 and its 200 day simple moving average is $18.25. Invesco Fundamental High Yield Corporate Bond ETF has a 12-month low of $17.64 and a 12-month high of $18.65.

Invesco Fundamental High Yield Corporate Bond ETF 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.