Invesco Total Return Bond ETF $GTO Stock: KWB Wealth Reduces Holdings

KWB Wealth lessened its stake in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 95.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 15,347 shares of the company’s stock after selling 336,822 shares during the period. KWB Wealth’s holdings in Invesco Total Return Bond ETF were worth $684,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. grew its holdings in Invesco Total Return Bond ETF by 32.9% in the second quarter. Envestnet Asset Management Inc. now owns 4,368,117 shares of the company’s stock worth $189,967,000 after purchasing an additional 1,081,673 shares during the period. Bank of America Corp DE raised its holdings in shares of Invesco Total Return Bond ETF by 236.8% during the first quarter. Bank of America Corp DE now owns 3,812,087 shares of the company’s stock valued at $178,520,000 after purchasing an additional 2,680,104 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Invesco Total Return Bond ETF by 16.8% during the first quarter. Bank of New York Mellon Corp now owns 1,331,112 shares of the company’s stock valued at $62,336,000 after purchasing an additional 191,848 shares during the period. Private Advisor Group LLC raised its holdings in shares of Invesco Total Return Bond ETF by 11.0% during the first quarter. Private Advisor Group LLC now owns 1,265,076 shares of the company’s stock valued at $59,244,000 after purchasing an additional 125,255 shares during the period. Finally, RTD Financial Advisors Inc. acquired a new position in shares of Invesco Total Return Bond ETF during the third quarter valued at about $40,547,000.

Invesco Total Return Bond ETF Price Performance

GTO stock opened at $45.01 on Friday. The company’s 50-day moving average is $45.53 and its 200-day moving average is $46.33. Invesco Total Return Bond ETF has a 1 year low of $44.42 and a 1 year high of $47.98.

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.