Transcendent Capital Group LLC Makes New Investment in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Transcendent Capital Group LLC purchased a new stake in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,702 shares of the company’s stock, valued at approximately $31,000.

Several other hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its position in Invesco Fundamental High Yield Corporate Bond ETF by 28.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 652,494 shares of the company’s stock valued at $11,145,000 after acquiring an additional 145,002 shares during the period. MBL Wealth LLC lifted its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 4.6% during the 4th quarter. MBL Wealth LLC now owns 314,370 shares of the company’s stock worth $5,700,000 after buying an additional 13,795 shares during the period. Benjamin F. Edwards & Company Inc. grew its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 244,545.7% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 225,074 shares of the company’s stock valued at $4,081,000 after buying an additional 224,982 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 4,392.9% in the 4th quarter. Geneos Wealth Management Inc. now owns 104,236 shares of the company’s stock valued at $1,890,000 after buying an additional 101,916 shares during the last quarter. Finally, Anfield Capital Management LLC increased its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 198.8% in the fourth quarter. Anfield Capital Management LLC now owns 257,839 shares of the company’s stock valued at $4,675,000 after buying an additional 171,541 shares during the period.

Invesco Fundamental High Yield Corporate Bond ETF Price Performance

Shares of Invesco Fundamental High Yield Corporate Bond ETF stock traded down $0.06 during midday trading on Friday, reaching $18.05. The company had a trading volume of 108,097 shares, compared to its average volume of 187,825. The stock has a fifty day moving average price of $17.95 and a 200 day moving average price of $18.01. Invesco Fundamental High Yield Corporate Bond ETF has a fifty-two week low of $16.75 and a fifty-two week high of $18.24.

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.