USAdvisors Wealth Management LLC Raises Stake in Invesco Total Return Bond ETF (NYSEARCA:GTO)

USAdvisors Wealth Management LLC lifted its stake in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 25.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 88,243 shares of the company’s stock after acquiring an additional 17,828 shares during the period. Invesco Total Return Bond ETF accounts for approximately 1.3% of USAdvisors Wealth Management LLC’s portfolio, making the stock its 25th biggest position. USAdvisors Wealth Management LLC owned about 0.32% of Invesco Total Return Bond ETF worth $4,094,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fifth Third Bancorp acquired a new stake in Invesco Total Return Bond ETF during the fourth quarter worth about $33,000. Fortitude Family Office LLC acquired a new stake in shares of Invesco Total Return Bond ETF during the 4th quarter worth approximately $38,000. Concord Wealth Partners raised its position in shares of Invesco Total Return Bond ETF by 712.3% during the 3rd quarter. Concord Wealth Partners now owns 861 shares of the company’s stock valued at $42,000 after buying an additional 755 shares during the period. Bogart Wealth LLC acquired a new position in Invesco Total Return Bond ETF in the third quarter valued at approximately $58,000. Finally, Gilliland Jeter Wealth Management LLC grew its position in Invesco Total Return Bond ETF by 187.7% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 4,779 shares of the company’s stock worth $231,000 after acquiring an additional 3,118 shares during the period.

Invesco Total Return Bond ETF Price Performance

GTO stock opened at $46.52 on Thursday. Invesco Total Return Bond ETF has a 52-week low of $45.32 and a 52-week high of $48.79. The business has a fifty day moving average of $46.67 and a two-hundred day moving average of $47.28.

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.