NewSquare Capital LLC Purchases New Holdings in Invesco CurrencyShares British Pound Sterling Trust $FXB

NewSquare Capital LLC purchased a new stake in Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 15,822 shares of the exchange traded fund’s stock, valued at approximately $2,048,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. acquired a new stake in shares of Invesco CurrencyShares British Pound Sterling Trust in the 2nd quarter valued at approximately $52,000. Raymond James Financial Inc. acquired a new position in Invesco CurrencyShares British Pound Sterling Trust during the second quarter worth $119,000. Tortoise Investment Management LLC acquired a new position in Invesco CurrencyShares British Pound Sterling Trust during the second quarter worth $204,000. Cresset Asset Management LLC bought a new stake in Invesco CurrencyShares British Pound Sterling Trust during the second quarter worth $264,000. Finally, Bank of America Corp DE lifted its stake in Invesco CurrencyShares British Pound Sterling Trust by 57.1% in the second quarter. Bank of America Corp DE now owns 3,760 shares of the exchange traded fund’s stock valued at $497,000 after acquiring an additional 1,367 shares during the last quarter.

Invesco CurrencyShares British Pound Sterling Trust Price Performance

Shares of FXB opened at $128.61 on Thursday. The firm has a 50-day moving average of $130.14 and a 200-day moving average of $129.05. Invesco CurrencyShares British Pound Sterling Trust has a one year low of $122.23 and a one year high of $133.11.

Invesco CurrencyShares British Pound Sterling Trust Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, March 6th. Investors of record on Monday, March 2nd will be paid a $0.2043 dividend. This represents a c) annualized dividend and a yield of 1.9%. The ex-dividend date is Monday, March 2nd.

About Invesco CurrencyShares British Pound Sterling Trust

Guggenheim CurrencyShares British Pound Sterling Trust, formerly CurrencyShares British Pound Sterling Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of British Pound Sterling and distributes British Pound Sterling in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of British Pound Sterling plus accrued interest. The Shares are intended to offer investors an opportunity to participate in the market for the British Pound Sterling through an investment in securities.