Tanager Wealth Management LLP Has $84.92 Million Stake in Invesco International Corporate Bond ETF $PICB

Tanager Wealth Management LLP increased its holdings in shares of Invesco International Corporate Bond ETF (NYSEARCA:PICB) by 28.2% during the 1st quarter, Holdings Channel reports. The institutional investor owned 3,676,200 shares of the company’s stock after acquiring an additional 808,888 shares during the quarter. Invesco International Corporate Bond ETF comprises about 8.2% of Tanager Wealth Management LLP’s holdings, making the stock its 2nd largest position. Tanager Wealth Management LLP owned approximately 0.24% of Invesco International Corporate Bond ETF worth $84,920,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in PICB. Kestra Advisory Services LLC acquired a new position in Invesco International Corporate Bond ETF in the 4th quarter valued at approximately $43,000. SHP Wealth Management acquired a new position in shares of Invesco International Corporate Bond ETF during the fourth quarter worth $56,000. Cape Investment Advisory Inc. lifted its holdings in shares of Invesco International Corporate Bond ETF by 224.9% during the third quarter. Cape Investment Advisory Inc. now owns 4,100 shares of the company’s stock worth $98,000 after purchasing an additional 2,838 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Invesco International Corporate Bond ETF in the second quarter worth $155,000. Finally, Fifth Third Securities Inc. bought a new stake in shares of Invesco International Corporate Bond ETF in the fourth quarter worth $201,000.

Invesco International Corporate Bond ETF Stock Performance

NYSEARCA PICB opened at $23.02 on Thursday. Invesco International Corporate Bond ETF has a twelve month low of $22.75 and a twelve month high of $24.56. The stock has a fifty day simple moving average of $23.45 and a 200 day simple moving average of $23.68.

About Invesco International Corporate Bond ETF

PowerShares International Corporate Bond Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called the S&P International Corporate Bond Index (the Index). The Fund will normally invest at least 80% of its total assets in the securities that comprise the Index. The Index measures the performance of investment grade corporate bonds issued by non-the United States issuers in the currencies: Australian Dollar, British Pound, Canadian Dollar, Euro, Japanese Yen, Swiss Franc, Danish Krone, New Zealand Dollar, Norwegian Krone and Swedish Krona.