KMG Fiduciary Partners LLC Acquires New Stake in Invesco Total Return Bond ETF $GTO

KMG Fiduciary Partners LLC acquired a new position in Invesco Total Return Bond ETF (NYSEARCA:GTO) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 340,047 shares of the company’s stock, valued at approximately $15,163,000. Invesco Total Return Bond ETF comprises approximately 1.4% of KMG Fiduciary Partners LLC’s portfolio, making the stock its 21st largest position. KMG Fiduciary Partners LLC owned approximately 0.61% of Invesco Total Return Bond ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Signature Equity Partners LLC raised its stake in Invesco Total Return Bond ETF by 8.6% during the 1st quarter. Signature Equity Partners LLC now owns 3,683 shares of the company’s stock valued at $172,000 after purchasing an additional 292 shares during the last quarter. Krilogy Financial LLC boosted its holdings in Invesco Total Return Bond ETF by 5.7% in the 1st quarter. Krilogy Financial LLC now owns 10,361 shares of the company’s stock valued at $489,000 after purchasing an additional 563 shares during the period. Barnes Wealth Management Group Inc grew its position in Invesco Total Return Bond ETF by 5.0% in the 4th quarter. Barnes Wealth Management Group Inc now owns 12,669 shares of the company’s stock worth $601,000 after purchasing an additional 609 shares during the last quarter. Your Advocates Ltd. LLP acquired a new stake in Invesco Total Return Bond ETF in the 1st quarter worth $29,000. Finally, ADG Wealth Management Group LLC grew its position in Invesco Total Return Bond ETF by 12.0% in the 1st quarter. ADG Wealth Management Group LLC now owns 6,436 shares of the company’s stock worth $301,000 after purchasing an additional 689 shares during the last quarter.

Invesco Total Return Bond ETF Stock Performance

NYSEARCA:GTO opened at $44.76 on Wednesday. The firm’s 50-day moving average is $45.61 and its 200-day moving average is $46.36. Invesco Total Return Bond ETF has a 52-week low of $44.42 and a 52-week high of $47.98.

Invesco Total Return Bond ETF Company 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.