NewEdge Advisors LLC Buys 6,510 Shares of Invesco Total Return Bond ETF (NYSEARCA:GTO)

NewEdge Advisors LLC boosted its stake in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 6.1% in the fourth quarter, HoldingsChannel reports. The firm owned 112,631 shares of the company’s stock after acquiring an additional 6,510 shares during the period. NewEdge Advisors LLC’s holdings in Invesco Total Return Bond ETF were worth $5,226,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in GTO. World Investment Advisors LLC boosted its holdings in shares of Invesco Total Return Bond ETF by 14.4% in the third quarter. World Investment Advisors LLC now owns 164,622 shares of the company’s stock worth $7,951,000 after buying an additional 20,680 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Invesco Total Return Bond ETF by 82.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 106,943 shares of the company’s stock valued at $5,165,000 after acquiring an additional 48,462 shares during the period. Fortitude Family Office LLC purchased a new stake in shares of Invesco Total Return Bond ETF in the 4th quarter worth $38,000. HBW Advisory Services LLC raised its holdings in Invesco Total Return Bond ETF by 1.0% in the 4th quarter. HBW Advisory Services LLC now owns 21,824 shares of the company’s stock worth $1,013,000 after purchasing an additional 225 shares during the period. Finally, Marcum Wealth LLC lifted its position in Invesco Total Return Bond ETF by 4.5% during the fourth quarter. Marcum Wealth LLC now owns 55,688 shares of the company’s stock valued at $2,584,000 after purchasing an additional 2,413 shares in the last quarter.

Invesco Total Return Bond ETF Price Performance

NYSEARCA:GTO opened at $46.24 on Friday. The stock has a 50-day simple moving average of $46.76 and a two-hundred day simple moving average of $46.83. Invesco Total Return Bond ETF has a 52-week low of $45.32 and a 52-week high of $48.79.

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.