Invesco Total Return Bond ETF $GTO Shares Newly Bought by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC bought a new stake in Invesco Total Return Bond ETF (NYSEARCA:GTO) in the third quarter, Holdings Channel reports. The institutional investor bought 497,423 shares of the company’s stock, valued at approximately $22,180,000. Invesco Total Return Bond ETF accounts for approximately 4.0% of Commonwealth Financial Services LLC’s portfolio, making the stock its 5th largest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of GTO. Your Advocates Ltd. LLP acquired a new position in Invesco Total Return Bond ETF in the first quarter worth about $29,000. Longview Financial Advisors Inc. acquired a new stake in shares of Invesco Total Return Bond ETF during the 1st quarter worth about $48,000. Y.D. More Investments Ltd bought a new stake in Invesco Total Return Bond ETF during the first quarter worth about $70,000. Signature Equity Partners LLC boosted its holdings in shares of Invesco Total Return Bond ETF by 8.6% in the 1st quarter. Signature Equity Partners LLC now owns 3,683 shares of the company’s stock worth $172,000 after acquiring an additional 292 shares in the last quarter. Finally, CoreCap Advisors LLC increased its holdings in Invesco Total Return Bond ETF by 40.9% during the 2nd quarter. CoreCap Advisors LLC now owns 3,834 shares of the company’s stock valued at $180,000 after purchasing an additional 1,112 shares in the last quarter.

Invesco Total Return Bond ETF Price Performance

Shares of GTO stock traded down $0.01 during trading hours on Tuesday, hitting $44.73. 263,286 shares of the company’s stock were exchanged, compared to its average volume of 268,874. The stock’s 50-day moving average is $45.50 and its 200-day moving average is $46.31. Invesco Total Return Bond ETF has a 52 week low of $44.42 and a 52 week high of $47.98.

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.