SOL Capital Management CO Purchases New Shares in Invesco Total Return Bond ETF $GTO

SOL Capital Management CO acquired a new stake in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 56,217 shares of the company’s stock, valued at approximately $2,615,000. Invesco Total Return Bond ETF makes up 1.1% of SOL Capital Management CO’s portfolio, making the stock its 17th largest position.

Other hedge funds have also recently bought and sold shares of the company. Invesco Ltd. grew its stake in shares of Invesco Total Return Bond ETF by 67.2% in the 4th quarter. Invesco Ltd. now owns 4,181,308 shares of the company’s stock worth $198,278,000 after acquiring an additional 1,680,006 shares in the last quarter. Axxcess Wealth Management LLC lifted its position in shares of Invesco Total Return Bond ETF by 385.6% during the fourth quarter. Axxcess Wealth Management LLC now owns 449,070 shares of the company’s stock valued at $21,295,000 after purchasing an additional 356,595 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Invesco Total Return Bond ETF by 45.7% during the second quarter. Bank of America Corp DE now owns 1,070,063 shares of the company’s stock valued at $50,175,000 after purchasing an additional 335,677 shares in the last quarter. CWM LLC boosted its holdings in Invesco Total Return Bond ETF by 8.5% during the fourth quarter. CWM LLC now owns 2,060,937 shares of the company’s stock worth $97,730,000 after purchasing an additional 161,323 shares during the last quarter. Finally, Wilian Securities LLC purchased a new position in Invesco Total Return Bond ETF during the fourth quarter worth about $5,866,000.

Invesco Total Return Bond ETF Stock Up 0.1%

Shares of GTO stock opened at $46.81 on Friday. Invesco Total Return Bond ETF has a 52-week low of $46.18 and a 52-week high of $48.01. The company has a 50-day simple moving average of $46.84 and a two-hundred day simple moving average of $47.20.

About Invesco Total Return Bond ETF

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.