Financial Advocates Investment Management Sells 14,656 Shares of Invesco Total Return Bond ETF (NYSEARCA:GTO)

Financial Advocates Investment Management trimmed its stake in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 38.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,890 shares of the company’s stock after selling 14,656 shares during the quarter. Financial Advocates Investment Management’s holdings in Invesco Total Return Bond ETF were worth $1,109,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cook Wealth LLC increased its stake in shares of Invesco Total Return Bond ETF by 9.7% during the fourth quarter. Cook Wealth LLC now owns 54,141 shares of the company’s stock worth $2,506,000 after purchasing an additional 4,792 shares during the period. Journey Strategic Wealth LLC grew its holdings in Invesco Total Return Bond ETF by 18.6% in the 4th quarter. Journey Strategic Wealth LLC now owns 318,777 shares of the company’s stock valued at $14,791,000 after buying an additional 49,927 shares in the last quarter. Brio Consultants LLC increased its position in Invesco Total Return Bond ETF by 6.1% during the 4th quarter. Brio Consultants LLC now owns 917,131 shares of the company’s stock worth $42,555,000 after buying an additional 52,442 shares during the period. Concord Wealth Partners lifted its holdings in shares of Invesco Total Return Bond ETF by 76.0% during the fourth quarter. Concord Wealth Partners now owns 1,515 shares of the company’s stock worth $70,000 after buying an additional 654 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. bought a new stake in shares of Invesco Total Return Bond ETF in the fourth quarter valued at about $3,461,000.

Invesco Total Return Bond ETF Stock Down 0.4 %

NYSEARCA:GTO opened at $46.66 on Friday. Invesco Total Return Bond ETF has a 52 week low of $45.32 and a 52 week high of $48.79. The firm’s 50-day simple moving average is $46.63 and its 200 day simple moving average is $47.26.

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.