Curry Webb Wealth Management LLC Makes New $3.48 Million Investment in Invesco Fundamental High Yield Corporate Bond ETF $PHB

Curry Webb Wealth Management LLC acquired a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 193,697 shares of the company’s stock, valued at approximately $3,475,000. Invesco Fundamental High Yield Corporate Bond ETF makes up approximately 1.6% of Curry Webb Wealth Management LLC’s investment portfolio, making the stock its 16th biggest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PHB. Arax Advisory Partners bought a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF in the 4th quarter valued at about $30,000. Kestra Advisory Services LLC purchased a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the fourth quarter valued at approximately $87,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the fourth quarter valued at approximately $99,000. Private Advisor Group LLC acquired a new stake in Invesco Fundamental High Yield Corporate Bond ETF in the first quarter valued at approximately $187,000. Finally, Banque Cantonale Vaudoise boosted its stake in Invesco Fundamental High Yield Corporate Bond ETF by 5.9% in the third quarter. Banque Cantonale Vaudoise now owns 11,480 shares of the company’s stock valued at $213,000 after acquiring an additional 642 shares in the last quarter.

Invesco Fundamental High Yield Corporate Bond ETF Stock Up 0.2%

NYSEARCA PHB opened at $18.27 on Monday. The firm’s fifty day simple moving average is $18.26 and its two-hundred day simple moving average is $18.33. Invesco Fundamental High Yield Corporate Bond ETF has a 12-month low of $17.33 and a 12-month high of $18.73.

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.