Prairiewood Capital LLC Raises Stock Position in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Prairiewood Capital LLC grew its position in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 11.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 56,620 shares of the company’s stock after purchasing an additional 5,890 shares during the period. Prairiewood Capital LLC’s holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $1,024,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Evergreen Capital Management LLC purchased a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF during the 2nd quarter worth $11,907,000. Cetera Investment Advisers lifted its position in Invesco Fundamental High Yield Corporate Bond ETF by 79.1% in the second quarter. Cetera Investment Advisers now owns 75,820 shares of the company’s stock valued at $1,362,000 after buying an additional 33,476 shares during the last quarter. First International Bank & Trust boosted its stake in Invesco Fundamental High Yield Corporate Bond ETF by 1.4% during the third quarter. First International Bank & Trust now owns 187,354 shares of the company’s stock worth $3,474,000 after buying an additional 2,543 shares during the period. Dynamic Advisor Solutions LLC increased its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 3.8% during the third quarter. Dynamic Advisor Solutions LLC now owns 25,782 shares of the company’s stock valued at $478,000 after acquiring an additional 932 shares during the last quarter. Finally, CWM LLC increased its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 257.9% during the third quarter. CWM LLC now owns 4,188 shares of the company’s stock valued at $78,000 after acquiring an additional 3,018 shares during the last quarter.

Invesco Fundamental High Yield Corporate Bond ETF Stock Performance

Shares of PHB stock opened at $18.22 on Tuesday. The firm’s 50 day moving average price is $18.22 and its 200-day moving average price is $18.30. Invesco Fundamental High Yield Corporate Bond ETF has a one year low of $17.67 and a one year high of $18.65.

Invesco Fundamental High Yield Corporate Bond ETF Company 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.