Avid Wealth Partners LLC Lowers Stock Holdings in Invesco Total Return Bond ETF (NYSEARCA:GTO)

Avid Wealth Partners LLC lessened its stake in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 18.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 82,481 shares of the company’s stock after selling 18,174 shares during the period. Invesco Total Return Bond ETF accounts for about 2.7% of Avid Wealth Partners LLC’s holdings, making the stock its 12th biggest position. Avid Wealth Partners LLC owned approximately 0.30% of Invesco Total Return Bond ETF worth $3,827,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GTO. HighTower Advisors LLC increased its holdings in shares of Invesco Total Return Bond ETF by 1.5% in the third quarter. HighTower Advisors LLC now owns 17,130 shares of the company’s stock valued at $831,000 after purchasing an additional 251 shares during the period. Fortitude Family Office LLC purchased a new position in Invesco Total Return Bond ETF in the 4th quarter valued at $38,000. RTD Financial Advisors Inc. raised its position in Invesco Total Return Bond ETF by 8.6% during the 4th quarter. RTD Financial Advisors Inc. now owns 849,587 shares of the company’s stock worth $39,421,000 after buying an additional 67,346 shares during the last quarter. Orion Portfolio Solutions LLC lifted its stake in shares of Invesco Total Return Bond ETF by 101.1% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 23,768 shares of the company’s stock worth $1,148,000 after acquiring an additional 11,949 shares during the period. Finally, American Capital Advisory LLC boosted its holdings in shares of Invesco Total Return Bond ETF by 4,047.8% in the third quarter. American Capital Advisory LLC now owns 103,363 shares of the company’s stock valued at $4,992,000 after acquiring an additional 100,871 shares in the last quarter.

Invesco Total Return Bond ETF Stock Performance

Shares of NYSEARCA:GTO opened at $46.81 on Thursday. Invesco Total Return Bond ETF has a 52 week low of $45.32 and a 52 week high of $48.79. The company has a 50-day moving average price of $46.64 and a 200 day moving average price of $47.27.

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.