Spire Wealth Management Lowers Stake in Invesco Total Return Bond ETF (NYSEARCA:GTO)

Spire Wealth Management reduced its position in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 3.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 567,500 shares of the company’s stock after selling 21,400 shares during the period. Invesco Total Return Bond ETF makes up about 0.9% of Spire Wealth Management’s portfolio, making the stock its 16th biggest holding. Spire Wealth Management’s holdings in Invesco Total Return Bond ETF were worth $26,532,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. PNC Financial Services Group Inc. purchased a new stake in shares of Invesco Total Return Bond ETF during the third quarter worth $60,000. CENTRAL TRUST Co acquired a new stake in Invesco Total Return Bond ETF in the 4th quarter valued at about $85,000. Aspire Private Capital LLC purchased a new position in shares of Invesco Total Return Bond ETF in the 3rd quarter valued at about $146,000. Aspire Capital Advisors LLC acquired a new position in shares of Invesco Total Return Bond ETF during the fourth quarter worth about $218,000. Finally, Assetmark Inc. increased its stake in shares of Invesco Total Return Bond ETF by 58.9% during the third quarter. Assetmark Inc. now owns 5,800 shares of the company’s stock worth $259,000 after buying an additional 2,149 shares during the period.

Invesco Total Return Bond ETF Trading Up 0.6 %

Shares of NYSEARCA:GTO traded up $0.27 during trading hours on Friday, reaching $46.15. The stock had a trading volume of 133,886 shares, compared to its average volume of 200,609. Invesco Total Return Bond ETF has a 1 year low of $43.27 and a 1 year high of $47.47. The firm’s 50 day moving average is $46.30 and its 200-day moving average is $46.12.

About Invesco Total Return Bond ETF

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.