Financial Advocates Investment Management Raises Holdings in Invesco Total Return Bond ETF $GTO

Financial Advocates Investment Management lifted its position in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 15.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,986 shares of the company’s stock after purchasing an additional 1,736 shares during the quarter. Financial Advocates Investment Management’s holdings in Invesco Total Return Bond ETF were worth $609,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its holdings in Invesco Total Return Bond ETF by 2.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,135,448 shares of the company’s stock valued at $53,241,000 after buying an additional 27,056 shares in the last quarter. Brio Consultants LLC boosted its position in shares of Invesco Total Return Bond ETF by 4.0% during the 2nd quarter. Brio Consultants LLC now owns 1,013,133 shares of the company’s stock valued at $47,506,000 after acquiring an additional 38,774 shares during the last quarter. Tidemark LLC grew its holdings in shares of Invesco Total Return Bond ETF by 7.0% in the first quarter. Tidemark LLC now owns 774,322 shares of the company’s stock valued at $36,339,000 after purchasing an additional 50,965 shares in the last quarter. Baird Financial Group Inc. grew its holdings in shares of Invesco Total Return Bond ETF by 0.4% in the first quarter. Baird Financial Group Inc. now owns 599,185 shares of the company’s stock valued at $28,120,000 after purchasing an additional 2,584 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC increased its position in Invesco Total Return Bond ETF by 2.9% in the second quarter. Dynamic Advisor Solutions LLC now owns 598,765 shares of the company’s stock worth $28,076,000 after purchasing an additional 16,920 shares during the last quarter.

Invesco Total Return Bond ETF Trading Up 0.1%

GTO stock opened at $47.70 on Thursday. Invesco Total Return Bond ETF has a 52 week low of $45.46 and a 52 week high of $48.01. The company has a fifty day simple moving average of $47.63 and a two-hundred day simple moving average of $47.03.

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.