Thrivent Financial for Lutherans Makes New Investment in Invesco International Corporate Bond ETF $PICB

Thrivent Financial for Lutherans acquired a new stake in Invesco International Corporate Bond ETF (NYSEARCA:PICB) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 59,354 shares of the company’s stock, valued at approximately $1,414,000.

A number of other large investors have also made changes to their positions in PICB. Tanager Wealth Management LLP increased its position in Invesco International Corporate Bond ETF by 80.0% during the 3rd quarter. Tanager Wealth Management LLP now owns 1,437,559 shares of the company’s stock worth $34,257,000 after purchasing an additional 638,784 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Invesco International Corporate Bond ETF during the 2nd quarter worth about $972,000. Clune & Associates LTD. acquired a new stake in shares of Invesco International Corporate Bond ETF during the 2nd quarter worth about $592,000. VERITY Wealth Advisors purchased a new stake in shares of Invesco International Corporate Bond ETF during the second quarter worth about $418,000. Finally, Captrust Financial Advisors acquired a new position in shares of Invesco International Corporate Bond ETF in the second quarter valued at approximately $396,000.

Invesco International Corporate Bond ETF Price Performance

Shares of PICB opened at $24.35 on Friday. The company’s 50 day simple moving average is $23.98 and its 200 day simple moving average is $23.81. Invesco International Corporate Bond ETF has a 1 year low of $21.82 and a 1 year high of $24.56.

Invesco International Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were paid a dividend of $0.0625 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Tuesday, January 20th.

Invesco International Corporate Bond ETF Profile

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.