Bank of America Corp DE Sells 117,650 Shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Bank of America Corp DE lessened its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 6.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,801,099 shares of the company’s stock after selling 117,650 shares during the quarter. Bank of America Corp DE owned approximately 4.74% of Invesco Fundamental High Yield Corporate Bond ETF worth $31,825,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Moller Financial Services boosted its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 0.4% during the 4th quarter. Moller Financial Services now owns 182,584 shares of the company’s stock valued at $3,308,000 after acquiring an additional 737 shares during the last quarter. MRA Associates USA LLC purchased a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the fourth quarter worth about $165,000. Lido Advisors LLC increased its stake in Invesco Fundamental High Yield Corporate Bond ETF by 6.7% during the third quarter. Lido Advisors LLC now owns 54,661 shares of the company’s stock worth $1,012,000 after purchasing an additional 3,450 shares during the period. Cardan Capital Partners LLC increased its stake in Invesco Fundamental High Yield Corporate Bond ETF by 1.9% during the fourth quarter. Cardan Capital Partners LLC now owns 673,390 shares of the company’s stock worth $11,899,000 after purchasing an additional 12,498 shares during the period. Finally, Barclays PLC purchased a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the fourth quarter worth about $2,021,000.

NYSEARCA:PHB traded up $0.01 on Monday, reaching $18.84. 4,874 shares of the company’s stock were exchanged, compared to its average volume of 558,507. Invesco Fundamental High Yield Corporate Bond ETF has a 52-week low of $17.45 and a 52-week high of $18.85.

The company also recently announced a monthly dividend, which was paid on Friday, March 29th. Investors of record on Tuesday, March 19th were paid a dividend of $0.0651 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 4.15%. This is a positive change from Invesco Fundamental High Yield Corporate Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was 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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