Asset Allocation Strategies LLC Has $5.67 Million Position in Invesco Total Return Bond ETF $GTO

Asset Allocation Strategies LLC reduced its holdings in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 24.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 119,622 shares of the company’s stock after selling 39,039 shares during the quarter. Invesco Total Return Bond ETF comprises 1.1% of Asset Allocation Strategies LLC’s portfolio, making the stock its 23rd biggest holding. Asset Allocation Strategies LLC owned approximately 0.28% of Invesco Total Return Bond ETF worth $5,672,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its position 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 last quarter. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Invesco Total Return Bond ETF in the third quarter valued at about $112,000. Montag A & Associates Inc. acquired a new stake in shares of Invesco Total Return Bond ETF in the third quarter valued at about $137,000. Wealth Watch Advisors INC acquired a new stake in shares of Invesco Total Return Bond ETF in the third quarter valued at about $167,000. Finally, Goodman Advisory Group LLC acquired a new stake in shares of Invesco Total Return Bond ETF in the third quarter valued at about $199,000.

Invesco Total Return Bond ETF Price Performance

Shares of NYSEARCA:GTO opened at $46.92 on Friday. The stock’s 50-day moving average is $46.91 and its 200-day moving average is $47.27. Invesco Total Return Bond ETF has a 52-week low of $46.18 and a 52-week high of $48.01.

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.