Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) Trading Down 0% – Time to Sell?

Shares of Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) fell 0% during trading on Tuesday . The stock traded as low as $22.73 and last traded at $22.7390. 5,471 shares were traded during mid-day trading, a decline of 81% from the average session volume of 29,001 shares. The stock had previously closed at $22.75.

Invesco High Yield Bond Factor ETF Price Performance

The company has a 50 day moving average of $22.77 and a 200 day moving average of $22.49.

Invesco High Yield Bond Factor ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 24th. Shareholders of record on Monday, October 20th were paid a $0.147 dividend. This is an increase from Invesco High Yield Bond Factor ETF’s previous monthly dividend of $0.13. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date of this dividend was Monday, October 20th.

Hedge Funds Weigh In On Invesco High Yield Bond Factor ETF

A number of institutional investors and hedge funds have recently bought and sold shares of IHYF. Osaic Holdings Inc. boosted its stake in 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 in the last quarter. World Investment Advisors boosted its stake in Invesco High Yield Bond Factor ETF by 6.7% in the first quarter. World Investment Advisors now owns 49,941 shares of the company’s stock worth $1,116,000 after purchasing an additional 3,119 shares in the last quarter. LPL Financial LLC boosted its stake in Invesco High Yield Bond Factor ETF by 18.1% in the first quarter. LPL Financial LLC now owns 90,920 shares of the company’s stock worth $2,031,000 after purchasing an additional 13,946 shares in the last quarter. Jane Street Group LLC boosted its stake in Invesco High Yield Bond Factor ETF by 762.8% in the second quarter. Jane Street Group LLC now owns 114,457 shares of the company’s stock worth $2,592,000 after purchasing an additional 101,191 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in Invesco High Yield Bond Factor ETF by 22.5% in the first quarter. Invesco Ltd. now owns 1,438,734 shares of the company’s stock worth $32,141,000 after purchasing an additional 263,957 shares in the last quarter.

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.