Invesco High Yield Bond Factor ETF Declares Monthly Dividend of $0.13 (NASDAQ:IHYF)

Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) announced a monthly dividend on Monday, November 24th. Stockholders of record on Monday, November 24th will be given a dividend of 0.1276 per share on Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 6.8%. The ex-dividend date of this dividend is Monday, November 24th.

Invesco High Yield Bond Factor ETF Price Performance

Shares of NASDAQ IHYF traded down $0.07 during mid-day trading on Monday, hitting $22.51. The company had a trading volume of 21,907 shares, compared to its average volume of 28,808. Invesco High Yield Bond Factor ETF has a 1 year low of $21.19 and a 1 year high of $23.01. The stock’s 50-day moving average price is $22.71 and its 200-day moving average price is $22.59.

Institutional Investors Weigh In On Invesco High Yield Bond Factor ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Invesco Ltd. grew its stake in Invesco High Yield Bond Factor ETF by 102.8% during the third quarter. Invesco Ltd. now owns 3,855,931 shares of the company’s stock valued at $87,935,000 after acquiring an additional 1,954,848 shares in the last quarter. Jane Street Group LLC boosted its holdings in Invesco High Yield Bond Factor ETF by 762.8% in the 2nd quarter. Jane Street Group LLC now owns 114,457 shares of the company’s stock valued at $2,592,000 after purchasing an additional 101,191 shares during the period. LPL Financial LLC boosted its holdings in Invesco High Yield Bond Factor ETF by 18.1% in the 1st quarter. LPL Financial LLC now owns 90,920 shares of the company’s stock valued at $2,031,000 after purchasing an additional 13,946 shares during the period. World Investment Advisors grew its position in shares of Invesco High Yield Bond Factor ETF by 4.0% during the 2nd quarter. World Investment Advisors now owns 51,938 shares of the company’s stock valued at $1,176,000 after purchasing an additional 1,997 shares in the last quarter. Finally, Osaic Holdings Inc. increased its holdings in shares of Invesco High Yield Bond Factor ETF by 7.6% in the second quarter. Osaic Holdings Inc. now owns 14,536 shares of the company’s stock worth $329,000 after purchasing an additional 1,030 shares during the period.

About Invesco High Yield Bond Factor ETF

The Invesco High Yield Bond Factor ETF (IHYF) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively-managed fund designed to provide exposure to a broad selection of high yield, fixed income securities. IHYF was launched on Dec 2, 2020 and is managed by Invesco.