Westside Investment Management Inc. Sells 2,000 Shares of Invesco High Yield Bond Factor ETF (NASDAQ:IHYF)

Westside Investment Management Inc. trimmed its holdings in shares of Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) by 9.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 19,700 shares of the company’s stock after selling 2,000 shares during the quarter. Westside Investment Management Inc.’s holdings in Invesco High Yield Bond Factor ETF were worth $443,000 at the end of the most recent quarter.

Separately, Jane Street Group LLC acquired a new position in Invesco High Yield Bond Factor ETF during the 3rd quarter worth approximately $1,069,000.

Invesco High Yield Bond Factor ETF Price Performance

Shares of Invesco High Yield Bond Factor ETF stock opened at $22.62 on Wednesday. Invesco High Yield Bond Factor ETF has a 52 week low of $21.82 and a 52 week high of $22.96. The stock has a 50 day moving average price of $22.61 and a two-hundred day moving average price of $22.56.

Invesco High Yield Bond Factor ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 24th. Investors of record on Tuesday, January 21st will be given a $0.1375 dividend. The ex-dividend date of this dividend is Tuesday, January 21st. This is an increase from Invesco High Yield Bond Factor ETF’s previous dividend of $0.13.

Invesco High Yield Bond Factor ETF Company 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.