NewEdge Advisors LLC trimmed its position in Invesco Total Return Bond ETF (NYSEARCA:GTO – Free Report) by 79.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 43,123 shares of the company’s stock after selling 170,912 shares during the quarter. NewEdge Advisors LLC owned about 0.09% of Invesco Total Return Bond ETF worth $2,019,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE boosted its position in Invesco Total Return Bond ETF by 236.8% in 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 buying an additional 2,680,104 shares during the last quarter. Invesco Ltd. raised its position in Invesco Total Return Bond ETF by 67.2% during the 4th quarter. Invesco Ltd. now owns 4,181,308 shares of the company’s stock worth $198,278,000 after buying an additional 1,680,006 shares during the last quarter. Axxcess Wealth Management LLC lifted its stake in Invesco Total Return Bond ETF by 385.6% during the 4th quarter. Axxcess Wealth Management LLC now owns 449,070 shares of the company’s stock valued at $21,295,000 after acquiring an additional 356,595 shares during the period. Bank of New York Mellon Corp lifted its stake in Invesco Total Return Bond ETF by 16.8% during the 1st quarter. Bank of New York Mellon Corp now owns 1,331,112 shares of the company’s stock valued at $62,336,000 after acquiring an additional 191,848 shares during the period. Finally, CWM LLC boosted its holdings in shares of Invesco Total Return Bond ETF by 8.5% in the 4th quarter. CWM LLC now owns 2,060,937 shares of the company’s stock valued at $97,730,000 after acquiring an additional 161,323 shares during the last quarter.
Invesco Total Return Bond ETF Stock Down 0.2%
GTO stock opened at $46.05 on Friday. Invesco Total Return Bond ETF has a 12 month low of $45.99 and a 12 month high of $48.01. The firm’s fifty day simple moving average is $46.67 and its 200-day simple moving average is $47.05.
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.
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