Invesco Ltd. Has $26.44 Million Holdings in Invesco High Yield Bond Factor ETF (NASDAQ:IHYF)

Invesco Ltd. trimmed its holdings in Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) by 0.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,174,777 shares of the company’s stock after selling 8,002 shares during the period. Invesco Ltd. owned about 0.49% of Invesco High Yield Bond Factor ETF worth $26,444,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Independent Advisor Alliance bought a new position in Invesco High Yield Bond Factor ETF during the fourth quarter worth $1,740,000. Jane Street Group LLC bought a new stake in shares of Invesco High Yield Bond Factor ETF during the 3rd quarter worth about $1,069,000. Finally, MRA Advisory Group grew its stake in Invesco High Yield Bond Factor ETF by 5.2% in the 4th quarter. MRA Advisory Group now owns 531,435 shares of the company’s stock valued at $11,963,000 after buying an additional 26,134 shares during the last quarter.

Invesco High Yield Bond Factor ETF Stock Performance

Shares of NASDAQ:IHYF opened at $21.79 on Friday. Invesco High Yield Bond Factor ETF has a 12-month low of $21.19 and a 12-month high of $22.96. The business has a 50 day moving average of $22.33 and a 200-day moving average of $22.52.

Invesco High Yield Bond Factor ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a $0.1384 dividend. This is a positive change from Invesco High Yield Bond Factor ETF’s previous dividend of $0.14. The ex-dividend date was Monday, March 24th.

Invesco High Yield Bond Factor ETF Profile

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.