Invesco Total Return Bond ETF $GTO Shares Acquired by Cooper Financial Group

Cooper Financial Group increased its position in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 221.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 178,147 shares of the company’s stock after buying an additional 122,699 shares during the period. Invesco Total Return Bond ETF accounts for about 0.9% of Cooper Financial Group’s holdings, making the stock its 23rd largest holding. Cooper Financial Group’s holdings in Invesco Total Return Bond ETF were worth $8,448,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Park Avenue Securities LLC grew its position in Invesco Total Return Bond ETF by 6.3% during the fourth quarter. Park Avenue Securities LLC now owns 38,078 shares of the company’s stock valued at $1,806,000 after acquiring an additional 2,243 shares during the period. IFP Advisors Inc raised its holdings in shares of Invesco Total Return Bond ETF by 15.2% in the 3rd quarter. IFP Advisors Inc now owns 79,153 shares of the company’s stock worth $3,761,000 after purchasing an additional 10,454 shares during the period. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Invesco Total Return Bond ETF in the 3rd quarter worth about $112,000. Petix & Botte Co lifted its stake in shares of Invesco Total Return Bond ETF by 14.7% in the 3rd quarter. Petix & Botte Co now owns 402,874 shares of the company’s stock valued at $19,141,000 after purchasing an additional 51,773 shares in the last quarter. Finally, Captrust Financial Advisors lifted its stake in shares of Invesco Total Return Bond ETF by 1.6% in the 3rd quarter. Captrust Financial Advisors now owns 86,798 shares of the company’s stock valued at $4,124,000 after purchasing an additional 1,368 shares in the last quarter.

Invesco Total Return Bond ETF Trading Down 0.8%

Shares of NYSEARCA:GTO opened at $46.76 on Friday. The stock has a 50-day simple moving average of $47.55 and a 200-day simple moving average of $47.57. Invesco Total Return Bond ETF has a 1 year low of $45.46 and a 1 year high of $48.01.

Invesco Total Return Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were given a dividend of $0.1797 per share. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Monday, February 23rd.

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.