Royal Bank of Canada Has $6.81 Million Stock Holdings in Invesco Total Return Bond ETF $GTO

Royal Bank of Canada boosted its stake in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 10.6% in the first quarter, HoldingsChannel reports. The firm owned 145,351 shares of the company’s stock after purchasing an additional 13,977 shares during the quarter. Royal Bank of Canada’s holdings in Invesco Total Return Bond ETF were worth $6,806,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of GTO. Your Advocates Ltd. LLP acquired a new position in shares of Invesco Total Return Bond ETF in the first quarter valued at $29,000. Longview Financial Advisors Inc. acquired a new stake in shares of Invesco Total Return Bond ETF during the 1st quarter worth about $48,000. Y.D. More Investments Ltd acquired a new stake in shares of Invesco Total Return Bond ETF during the 1st quarter worth about $70,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Invesco Total Return Bond ETF by 1,365.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,832 shares of the company’s stock worth $87,000 after buying an additional 1,707 shares during the last quarter. Finally, Wealth Watch Advisors INC bought a new stake in shares of Invesco Total Return Bond ETF during the 3rd quarter worth about $167,000.

Invesco Total Return Bond ETF Stock Up 0.0%

Shares of GTO stock opened at $46.23 on Wednesday. Invesco Total Return Bond ETF has a 52 week low of $45.88 and a 52 week high of $48.01. The company has a 50-day simple moving average of $46.59 and a 200 day simple moving average of $46.98.

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.