McAdam LLC increased its holdings in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 5.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 198,084 shares of the company’s stock after acquiring an additional 11,121 shares during the period. Invesco Fundamental High Yield Corporate Bond ETF comprises 0.9% of McAdam LLC’s investment portfolio, making the stock its 23rd biggest holding. McAdam LLC’s holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $3,815,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Estate Counselors LLC purchased a new position in Invesco Fundamental High Yield Corporate Bond ETF in the 3rd quarter worth about $2,972,000. Great Valley Advisor Group Inc. boosted its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 146.4% in the third quarter. Great Valley Advisor Group Inc. now owns 146,448 shares of the company’s stock valued at $2,787,000 after acquiring an additional 87,007 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 8.4% in the third quarter. Envestnet Asset Management Inc. now owns 996,201 shares of the company’s stock valued at $18,958,000 after acquiring an additional 76,796 shares during the period. Bluefin Trading LLC acquired a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF in the third quarter valued at approximately $1,107,000. Finally, FormulaFolio Investments LLC boosted its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 4.2% in the fourth quarter. FormulaFolio Investments LLC now owns 976,873 shares of the company’s stock valued at $18,815,000 after acquiring an additional 39,058 shares during the period.

Shares of PHB stock traded down $0.02 during trading hours on Thursday, hitting $19.23. The stock had a trading volume of 1,197 shares, compared to its average volume of 352,300. Invesco Fundamental High Yield Corporate Bond ETF has a twelve month low of $18.15 and a twelve month high of $19.34. The stock’s 50 day moving average is $19.24 and its 200 day moving average is $19.06.

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd will be issued a $0.0622 dividend. This represents a $0.75 annualized dividend and a dividend yield of 3.88%. The ex-dividend date of this dividend is Tuesday, January 21st.

Featured Story: Treasury Bonds

Want to see what other hedge funds are holding PHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB).

Institutional Ownership by Quarter for Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Receive News & Ratings for Invesco Fundamental High Yield Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Fundamental High Yield Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.