Invesco Total Return Bond ETF (NYSEARCA:GTO) Reaches New 52-Week High at $48.56

Invesco Total Return Bond ETF (NYSEARCA:GTO) shares hit a new 52-week high on Tuesday . The company traded as high as $48.56 and last traded at $48.56, with a volume of 45150 shares. The stock had previously closed at $48.46.

Invesco Total Return Bond ETF Stock Performance

The stock has a 50 day simple moving average of $47.42 and a 200-day simple moving average of $46.73.

Institutional Investors Weigh In On Invesco Total Return Bond ETF

Several large investors have recently bought and sold shares of GTO. Truist Financial Corp grew its position in Invesco Total Return Bond ETF by 34.4% in the 4th quarter. Truist Financial Corp now owns 27,729 shares of the company’s stock worth $1,310,000 after purchasing an additional 7,102 shares during the period. Brio Consultants LLC lifted its holdings in Invesco Total Return Bond ETF by 20.5% in the fourth quarter. Brio Consultants LLC now owns 868,293 shares of the company’s stock valued at $41,018,000 after acquiring an additional 147,754 shares during the period. Principal Securities Inc. bought a new stake in shares of Invesco Total Return Bond ETF during the 4th quarter valued at about $289,000. Envestnet Portfolio Solutions Inc. increased its holdings in Invesco Total Return Bond ETF by 415.1% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 89,398 shares of the company’s stock valued at $4,223,000 after buying an additional 72,042 shares during the last quarter. Finally, Avantax Advisory Services Inc. raised its holdings in Invesco Total Return Bond ETF by 66.5% in the 4th quarter. Avantax Advisory Services Inc. now owns 71,844 shares of the company’s stock worth $3,394,000 after purchasing an additional 28,683 shares during the period.

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.