Fjell Capital LLC Reduces Stock Holdings in Invesco Total Return Bond ETF $GTO

Fjell Capital LLC lowered its position in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 1.5% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 101,702 shares of the company’s stock after selling 1,560 shares during the quarter. Invesco Total Return Bond ETF accounts for 4.4% of Fjell Capital LLC’s holdings, making the stock its 4th biggest position. Fjell Capital LLC’s holdings in Invesco Total Return Bond ETF were worth $4,769,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of GTO. Harbour Investments Inc. increased its position in shares of Invesco Total Return Bond ETF by 48.5% during the first quarter. Harbour Investments Inc. now owns 903 shares of the company’s stock valued at $42,000 after acquiring an additional 295 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Invesco Total Return Bond ETF by 500.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,104 shares of the company’s stock valued at $52,000 after purchasing an additional 920 shares during the period. Gilliland Jeter Wealth Management LLC purchased a new position in shares of Invesco Total Return Bond ETF in the 1st quarter worth about $206,000. Sowell Financial Services LLC purchased a new position in shares of Invesco Total Return Bond ETF in the 1st quarter worth about $259,000. Finally, Alteri Wealth LLC purchased a new position in shares of Invesco Total Return Bond ETF in the 1st quarter worth about $273,000.

Invesco Total Return Bond ETF Price Performance

Shares of NYSEARCA:GTO opened at $47.91 on Wednesday. Invesco Total Return Bond ETF has a fifty-two week low of $45.46 and a fifty-two week high of $48.79. The company’s 50-day moving average is $46.97 and its 200 day moving average is $46.66.

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.