Avid Wealth Partners LLC Lowers Holdings in Invesco Total Return Bond ETF $GTO

Avid Wealth Partners LLC decreased its position in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 16.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 66,334 shares of the company’s stock after selling 13,523 shares during the period. Invesco Total Return Bond ETF accounts for about 1.5% of Avid Wealth Partners LLC’s investment portfolio, making the stock its 17th biggest position. Avid Wealth Partners LLC owned approximately 0.15% of Invesco Total Return Bond ETF worth $3,146,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of GTO. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco Total Return Bond ETF by 1,365.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,832 shares of the company’s stock valued at $87,000 after purchasing an additional 1,707 shares during the period. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Invesco Total Return Bond ETF in the third quarter valued at approximately $112,000. Montag A & Associates Inc. purchased a new stake in Invesco Total Return Bond ETF during the third quarter worth $137,000. Wealth Watch Advisors INC purchased a new stake in Invesco Total Return Bond ETF during the third quarter worth $167,000. Finally, Goodman Advisory Group LLC purchased a new stake in Invesco Total Return Bond ETF during the third quarter worth $199,000.

Invesco Total Return Bond ETF Stock Performance

Invesco Total Return Bond ETF stock opened at $46.92 on Friday. The business has a fifty day moving average of $46.91 and a two-hundred day moving average of $47.27. Invesco Total Return Bond ETF has a twelve month low of $46.18 and a twelve month high of $48.01.

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.