Rialto Wealth Management LLC Purchases Shares of 3,305 Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Rialto Wealth Management LLC purchased a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 3,305 shares of the company’s stock, valued at approximately $60,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Valley Wealth Managers Inc. lifted its position in Invesco Fundamental High Yield Corporate Bond ETF by 13.4% during the third quarter. Valley Wealth Managers Inc. now owns 42,349 shares of the company’s stock valued at $785,000 after purchasing an additional 5,010 shares during the last quarter. Islay Capital Management LLC lifted its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 3.6% during the 3rd quarter. Islay Capital Management LLC now owns 204,638 shares of the company’s stock worth $3,794,000 after acquiring an additional 7,100 shares during the last quarter. Darwin Wealth Management LLC grew its position in Invesco Fundamental High Yield Corporate Bond ETF by 55.5% in the third quarter. Darwin Wealth Management LLC now owns 156,473 shares of the company’s stock worth $2,901,000 after acquiring an additional 55,844 shares in the last quarter. Nwam LLC bought a new position in Invesco Fundamental High Yield Corporate Bond ETF in the third quarter valued at $793,000. Finally, Benjamin Edwards Inc. raised its position in Invesco Fundamental High Yield Corporate Bond ETF by 500.0% during the third quarter. Benjamin Edwards Inc. now owns 103,717 shares of the company’s stock valued at $1,923,000 after purchasing an additional 86,430 shares in the last quarter.

Invesco Fundamental High Yield Corporate Bond ETF Stock Up 0.3 %

Shares of PHB stock opened at $18.26 on Monday. The business has a 50-day moving average price of $18.20 and a two-hundred day moving average price of $18.30. Invesco Fundamental High Yield Corporate Bond ETF has a 12-month low of $17.68 and a 12-month high of $18.65.

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.