Stewardship Advisors LLC Has $12.33 Million Position in Invesco Total Return Bond ETF $GTO

Stewardship Advisors LLC increased its holdings in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 5.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 259,515 shares of the company’s stock after purchasing an additional 13,715 shares during the quarter. Invesco Total Return Bond ETF accounts for 2.9% of Stewardship Advisors LLC’s portfolio, making the stock its 10th biggest holding. Stewardship Advisors LLC owned about 0.64% of Invesco Total Return Bond ETF worth $12,330,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. True Wealth Design LLC bought a new position in Invesco Total Return Bond ETF during the 3rd quarter valued at about $29,000. Harbour Investments Inc. lifted its position in Invesco Total Return Bond ETF by 49.7% during the second quarter. Harbour Investments Inc. now owns 1,352 shares of the company’s stock valued at $63,000 after purchasing an additional 449 shares during the period. TD Private Client Wealth LLC purchased a new stake in Invesco Total Return Bond ETF in the third quarter worth approximately $77,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in Invesco Total Return Bond ETF in the second quarter worth approximately $142,000. Finally, CoreCap Advisors LLC raised its stake in Invesco Total Return Bond ETF by 19.5% during the 3rd quarter. CoreCap Advisors LLC now owns 3,710 shares of the company’s stock valued at $176,000 after buying an additional 605 shares during the last quarter.

Invesco Total Return Bond ETF Stock Performance

GTO stock opened at $47.58 on Monday. Invesco Total Return Bond ETF has a 1 year low of $45.46 and a 1 year high of $48.01. The stock’s fifty day moving average price is $47.53 and its 200-day moving average price is $47.34.

Invesco Total Return Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th will be given a dividend of $0.1835 per share. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a c) annualized dividend and a dividend yield of 4.6%.

Invesco Total Return Bond ETF 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.