NewEdge Advisors LLC Buys 257,366 Shares of Invesco Total Return Bond ETF $GTO

NewEdge Advisors LLC increased its stake in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 109.5% in the 2nd quarter, Holdings Channel reports. The fund owned 492,314 shares of the company’s stock after buying an additional 257,366 shares during the quarter. NewEdge Advisors LLC’s holdings in Invesco Total Return Bond ETF were worth $23,075,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its position in 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 purchasing an additional 53,523 shares in the last quarter. Invesco Ltd. boosted its holdings 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 purchasing an additional 1,680,006 shares in the last quarter. Bank of America Corp DE increased its position in shares of Invesco Total Return Bond ETF by 236.8% during the 1st quarter. Bank of America Corp DE now owns 3,812,087 shares of the company’s stock valued at $178,520,000 after purchasing an additional 2,680,104 shares during the last quarter. Morgan Stanley increased its position in shares of Invesco Total Return Bond ETF by 4.3% during the 4th 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 last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Invesco Total Return Bond ETF by 16.8% during the 1st quarter. Bank of New York Mellon Corp now owns 1,331,112 shares of the company’s stock valued at $62,336,000 after purchasing an additional 191,848 shares during the last quarter.

Invesco Total Return Bond ETF Price Performance

Shares of NYSEARCA GTO opened at $45.55 on Friday. Invesco Total Return Bond ETF has a 1-year low of $45.55 and a 1-year high of $48.01. The stock’s 50-day moving average is $46.26 and its 200 day moving average is $46.74.

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.