Invesco Total Return Bond ETF $GTO Shares Sold by KWB Wealth

KWB Wealth trimmed its position in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 1.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 757,985 shares of the company’s stock after selling 12,162 shares during the quarter. Invesco Total Return Bond ETF makes up approximately 3.9% of KWB Wealth’s holdings, making the stock its 8th largest position. KWB Wealth owned 1.85% of Invesco Total Return Bond ETF worth $35,542,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its stake in Invesco Total Return Bond ETF by 45.7% during the 2nd quarter. Bank of America Corp DE now owns 1,070,063 shares of the company’s stock worth $50,175,000 after buying an additional 335,677 shares during the last quarter. Richmond Investment Services LLC increased its holdings in shares of Invesco Total Return Bond ETF by 752.2% in the 2nd quarter. Richmond Investment Services LLC now owns 236,542 shares of the company’s stock worth $11,091,000 after acquiring an additional 208,785 shares during the period. Daner Wealth Management LLC bought a new stake in Invesco Total Return Bond ETF in the 2nd quarter valued at about $5,107,000. Vestmark Advisory Solutions Inc. acquired a new position in Invesco Total Return Bond ETF during the 2nd quarter valued at about $4,846,000. Finally, Raymond James Financial Inc. boosted its stake in Invesco Total Return Bond ETF by 16.1% during the 2nd quarter. Raymond James Financial Inc. now owns 481,003 shares of the company’s stock valued at $22,554,000 after purchasing an additional 66,685 shares during the period.

Invesco Total Return Bond ETF Stock Performance

Shares of NYSEARCA:GTO opened at $47.50 on Thursday. The firm’s 50 day moving average is $47.62 and its two-hundred day moving average is $47.18. Invesco Total Return Bond ETF has a 52 week low of $45.46 and a 52 week high of $48.01.

Invesco Total Return Bond ETF Profile

The Invesco Total Return Bond ETF (GTO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund with the ability to invest in any number of fixed income securities with varying credit ratings, countries, and durations. GTO was launched on Feb 10, 2016 and is managed by Invesco.