Bank of New York Mellon Corp Has $16.58 Million Position in Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD)

Bank of New York Mellon Corp boosted its position in shares of Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) by 1.2% in the second quarter, Holdings Channel reports. The firm owned 691,149 shares of the company’s stock after purchasing an additional 8,484 shares during the period. Bank of New York Mellon Corp owned 0.35% of Invesco Investment Grade Defensive ETF worth $16,576,000 at the end of the most recent quarter.

Separately, Scotia Capital Inc. grew its holdings in Invesco Investment Grade Defensive ETF by 24.5% during the fourth quarter. Scotia Capital Inc. now owns 28,915 shares of the company’s stock valued at $702,000 after purchasing an additional 5,685 shares during the period.

Invesco Investment Grade Defensive ETF Stock Performance

Shares of NYSEARCA IIGD opened at $24.77 on Friday. Invesco Investment Grade Defensive ETF has a 52-week low of $23.20 and a 52-week high of $24.78. The firm has a 50 day moving average price of $24.36 and a 200 day moving average price of $24.09.

Invesco Investment Grade Defensive ETF Profile

The Invesco Investment Grade Defensive ETF (IIGD) is an exchange-traded fund that is based on the Invesco Investment Grade Defensive index. The fund tracks a market value-weighted index of investment-grade corporate bonds of intermediate maturities. IIGD was launched on Jul 25, 2018 and is managed by Invesco.