Asset Allocation Strategies LLC Grows Position in Invesco Total Return Bond ETF $GTO

Asset Allocation Strategies LLC raised its holdings in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 28.1% during the 1st quarter, HoldingsChannel.com reports. The fund owned 153,183 shares of the company’s stock after buying an additional 33,561 shares during the period. Invesco Total Return Bond ETF makes up approximately 1.3% of Asset Allocation Strategies LLC’s holdings, making the stock its 24th biggest holding. Asset Allocation Strategies LLC’s holdings in Invesco Total Return Bond ETF were worth $7,174,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of GTO. LPL Financial LLC lifted its position in shares of Invesco Total Return Bond ETF by 1.2% during the fourth quarter. LPL Financial LLC now owns 4,533,853 shares of the company’s stock valued at $214,995,000 after buying an additional 53,523 shares during the last quarter. Invesco Ltd. grew its stake in Invesco Total Return Bond ETF by 67.2% during the 4th quarter. Invesco Ltd. now owns 4,181,308 shares of the company’s stock valued at $198,278,000 after purchasing an additional 1,680,006 shares during the last quarter. CWM LLC raised its position in Invesco Total Return Bond ETF by 8.5% during the 4th quarter. CWM LLC now owns 2,060,937 shares of the company’s stock worth $97,730,000 after buying an additional 161,323 shares during the last quarter. Morgan Stanley lifted its position in Invesco Total Return Bond ETF by 4.3% during the fourth quarter. Morgan Stanley now owns 1,722,422 shares of the company’s stock valued at $81,677,000 after purchasing an additional 70,358 shares during the period. Finally, Brio Consultants LLC boosted its stake in shares of Invesco Total Return Bond ETF by 7.4% in the fourth quarter. Brio Consultants LLC now owns 1,137,747 shares of the company’s stock worth $53,952,000 after buying an additional 78,129 shares during the last quarter.

Invesco Total Return Bond ETF Price Performance

GTO opened at $46.98 on Monday. Invesco Total Return Bond ETF has a fifty-two week low of $46.18 and a fifty-two week high of $48.01. The company has a fifty day moving average of $46.87 and a two-hundred day moving average of $47.22.

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.