Asset Allocation Strategies LLC Has $7.54 Million Stock Position in Invesco Total Return Bond ETF $GTO

Asset Allocation Strategies LLC increased its stake in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 24.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 158,661 shares of the company’s stock after buying an additional 30,735 shares during the quarter. Invesco Total Return Bond ETF makes up 1.5% of Asset Allocation Strategies LLC’s holdings, making the stock its 22nd biggest position. Asset Allocation Strategies LLC’s holdings in Invesco Total Return Bond ETF were worth $7,538,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco Total Return Bond ETF by 500.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,104 shares of the company’s stock valued at $52,000 after purchasing an additional 920 shares during the period. Harbour Investments Inc. grew its position in shares of Invesco Total Return Bond ETF by 49.7% during the 2nd quarter. Harbour Investments Inc. now owns 1,352 shares of the company’s stock worth $63,000 after purchasing an additional 449 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Invesco Total Return Bond ETF during the second quarter worth approximately $142,000. Williams & Novak LLC acquired a new stake in shares of Invesco Total Return Bond ETF in the second quarter valued at approximately $212,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of Invesco Total Return Bond ETF by 13.5% in the second quarter. Farther Finance Advisors LLC now owns 5,760 shares of the company’s stock valued at $270,000 after buying an additional 683 shares during the period.

Invesco Total Return Bond ETF Stock Down 0.0%

Shares of NYSEARCA GTO opened at $47.50 on Thursday. The business has a fifty day moving average price of $47.62 and a two-hundred day moving average price of $47.18. Invesco Total Return Bond ETF has a fifty-two week low of $45.46 and a fifty-two week high of $48.01.

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.