Commonwealth Equity Services LLC Sells 65,723 Shares of Invesco Fundamental High Yield Corporate Bond ETF (PHB)

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Commonwealth Equity Services LLC trimmed its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 61.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,461 shares of the company’s stock after selling 65,723 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the business. Cardan Capital Partners LLC grew its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 1.9% during the 4th quarter. Cardan Capital Partners LLC now owns 673,390 shares of the company’s stock worth $11,899,000 after acquiring an additional 12,498 shares in the last quarter. Alliance Wealth Management Group boosted its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 15.4% in the 3rd quarter. Alliance Wealth Management Group now owns 641,277 shares of the company’s stock valued at $11,883,000 after buying an additional 85,575 shares in the last quarter. Towercrest Capital Management boosted its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 15.4% in the 3rd quarter. Towercrest Capital Management now owns 641,277 shares of the company’s stock valued at $11,883,000 after buying an additional 85,575 shares in the last quarter. United Services Automobile Association bought a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF in the 3rd quarter valued at about $8,062,000. Finally, CLS Investments LLC boosted its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 4.6% in the 3rd quarter. CLS Investments LLC now owns 298,887 shares of the company’s stock valued at $5,538,000 after buying an additional 13,261 shares in the last quarter.

NYSEARCA:PHB opened at $18.62 on Friday. Invesco Fundamental High Yield Corporate Bond ETF has a fifty-two week low of $17.45 and a fifty-two week high of $18.76.

The company also recently declared a monthly dividend, which will be paid on Friday, March 29th. Stockholders of record on Tuesday, March 19th will be issued a $0.0651 dividend. This is a boost from Invesco Fundamental High Yield Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a $0.78 dividend on an annualized basis and a dividend yield of 4.20%. The ex-dividend date of this dividend is Monday, March 18th.

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

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