Invesco Fundamental High Yield Corporate Bond ETF (PHB) Position Trimmed by Baker Ellis Asset Management LLC

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Baker Ellis Asset Management LLC trimmed its position in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 6.5% in the second quarter, HoldingsChannel reports. The firm owned 140,905 shares of the company’s stock after selling 9,745 shares during the period. Baker Ellis Asset Management LLC’s holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $2,577,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. FormulaFolio Investments LLC grew its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 66.8% during the 2nd quarter. FormulaFolio Investments LLC now owns 926,575 shares of the company’s stock worth $16,947,000 after acquiring an additional 371,015 shares in the last quarter. Peak Capital Management LLC grew its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 13.0% during the 1st quarter. Peak Capital Management LLC now owns 757,682 shares of the company’s stock worth $14,025,000 after acquiring an additional 86,948 shares in the last quarter. Alliance Wealth Management Group grew its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 1.9% during the 1st quarter. Alliance Wealth Management Group now owns 554,895 shares of the company’s stock worth $10,271,000 after acquiring an additional 10,194 shares in the last quarter. Estate Counselors LLC grew its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 10.8% during the 2nd quarter. Estate Counselors LLC now owns 354,950 shares of the company’s stock worth $6,492,000 after acquiring an additional 34,530 shares in the last quarter. Finally, Fiera Capital Corp grew its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 11.7% during the 1st quarter. Fiera Capital Corp now owns 353,452 shares of the company’s stock worth $6,542,000 after acquiring an additional 36,912 shares in the last quarter.

Shares of PHB stock opened at $18.54 on Friday. Invesco Fundamental High Yield Corporate Bond ETF has a 1-year low of $18.28 and a 1-year high of $19.14.

The business also recently disclosed a monthly dividend, which was paid on Friday, August 31st. Shareholders of record on Tuesday, August 21st were issued a dividend of $0.0657 per share. This represents a $0.79 annualized dividend and a yield of 4.25%. The ex-dividend date of this dividend was Monday, August 20th.

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Want to see what other hedge funds are holding PHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB).

Institutional Ownership by Quarter for Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

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