Tidemark LLC Decreases Stock Holdings in Invesco Total Return Bond ETF $GTO

Tidemark LLC lowered its stake in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 89.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 83,942 shares of the company’s stock after selling 698,535 shares during the period. Invesco Total Return Bond ETF comprises 1.2% of Tidemark LLC’s holdings, making the stock its 22nd largest position. Tidemark LLC’s holdings in Invesco Total Return Bond ETF were worth $3,988,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Dynamic Advisor Solutions LLC boosted its holdings in shares of Invesco Total Return Bond ETF by 3.8% in the third quarter. Dynamic Advisor Solutions LLC now owns 621,592 shares of the company’s stock worth $29,532,000 after buying an additional 22,827 shares during the last quarter. Baird Financial Group Inc. boosted its stake in shares of Invesco Total Return Bond ETF by 7.4% during the 2nd quarter. Baird Financial Group Inc. now owns 643,497 shares of the company’s stock worth $30,174,000 after acquiring an additional 44,312 shares during the last quarter. Asset Allocation Strategies LLC grew its position in shares of Invesco Total Return Bond ETF by 24.0% during the 3rd quarter. Asset Allocation Strategies LLC now owns 158,661 shares of the company’s stock valued at $7,538,000 after acquiring an additional 30,735 shares during the period. Drive Wealth Management LLC purchased a new stake in shares of Invesco Total Return Bond ETF in the 2nd quarter worth $657,000. Finally, Ashton Thomas Securities LLC increased its stake in shares of Invesco Total Return Bond ETF by 56.3% in the 3rd quarter. Ashton Thomas Securities LLC now owns 160,314 shares of the company’s stock worth $7,621,000 after purchasing an additional 57,724 shares in the last quarter.

Invesco Total Return Bond ETF Trading Down 0.1%

NYSEARCA GTO opened at $47.44 on Thursday. The business’s fifty day moving average is $47.51 and its 200 day moving average is $47.38. Invesco Total Return Bond ETF has a fifty-two week low of $45.46 and a fifty-two week high of $48.01.

Invesco Total Return Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were issued a $0.1835 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Tuesday, January 20th.

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.