Invesco Total Return Bond ETF (NYSEARCA:GTO – Get Free Report) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 89,551 shares, an increase of 420.6% from the April 30th total of 17,201 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 206,953 shares, the days-to-cover ratio is currently 0.4 days.
Hedge Funds Weigh In On Invesco Total Return Bond ETF
Several institutional investors and hedge funds have recently made changes to their positions in the business. Acima Private Wealth LLC lifted its stake in Invesco Total Return Bond ETF by 10.9% during the third quarter. Acima Private Wealth LLC now owns 230,420 shares of the company’s stock worth $10,947,000 after purchasing an additional 22,665 shares during the last quarter. World Investment Advisors lifted its stake in Invesco Total Return Bond ETF by 8.5% during the fourth quarter. World Investment Advisors now owns 282,763 shares of the company’s stock worth $13,409,000 after purchasing an additional 22,232 shares during the last quarter. Northwest Financial Advisors lifted its stake in Invesco Total Return Bond ETF by 21.3% during the fourth quarter. Northwest Financial Advisors now owns 70,534 shares of the company’s stock worth $3,345,000 after purchasing an additional 12,388 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in Invesco Total Return Bond ETF by 7.8% during the third quarter. Jones Financial Companies Lllp now owns 241,867 shares of the company’s stock worth $11,464,000 after purchasing an additional 17,511 shares during the last quarter. Finally, Cooper Financial Group lifted its stake in Invesco Total Return Bond ETF by 221.3% during the fourth quarter. Cooper Financial Group now owns 178,147 shares of the company’s stock worth $8,448,000 after purchasing an additional 122,699 shares during the last quarter.
Invesco Total Return Bond ETF Stock Performance
Shares of Invesco Total Return Bond ETF stock traded up $0.10 on Thursday, hitting $46.88. 275,885 shares of the company’s stock traded hands, compared to its average volume of 263,130. The firm’s 50-day moving average is $46.91 and its 200 day moving average is $47.33. Invesco Total Return Bond ETF has a 52-week low of $46.10 and a 52-week high of $48.01.
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.
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