Invesco International Corporate Bond ETF $PICB Stake Raised by Tanager Wealth Management LLP

Tanager Wealth Management LLP boosted its position in shares of Invesco International Corporate Bond ETF (NYSEARCA:PICB) by 22.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,499,641 shares of the company’s stock after buying an additional 823,441 shares during the period. Invesco International Corporate Bond ETF makes up about 9.1% of Tanager Wealth Management LLP’s portfolio, making the stock its 2nd biggest holding. Tanager Wealth Management LLP owned about 28.94% of Invesco International Corporate Bond ETF worth $104,212,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Cetera Investment Advisers purchased a new stake in shares of Invesco International Corporate Bond ETF during the 2nd quarter worth approximately $206,000. Raymond James Financial Inc. bought a new position in shares of Invesco International Corporate Bond ETF during the 2nd quarter valued at approximately $155,000. Jane Street Group LLC purchased a new position in shares of Invesco International Corporate Bond ETF in the second quarter valued at $972,000. Bank of America Corp DE grew its holdings in shares of Invesco International Corporate Bond ETF by 50.7% in the second quarter. Bank of America Corp DE now owns 19,459 shares of the company’s stock valued at $471,000 after purchasing an additional 6,548 shares in the last quarter. Finally, Captrust Financial Advisors bought a new stake in Invesco International Corporate Bond ETF in the second quarter worth $396,000.

Invesco International Corporate Bond ETF Price Performance

Invesco International Corporate Bond ETF stock opened at $23.14 on Monday. Invesco International Corporate Bond ETF has a 52-week low of $22.73 and a 52-week high of $24.56. The firm’s fifty day moving average is $23.13 and its 200 day moving average is $23.36.

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.