Howard Financial Services LTD. Decreases Stock Holdings in Invesco Total Return Bond ETF $GTO

Howard Financial Services LTD. reduced its position in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 0.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 711,727 shares of the company’s stock after selling 3,102 shares during the quarter. Invesco Total Return Bond ETF comprises about 4.4% of Howard Financial Services LTD.’s portfolio, making the stock its 6th largest position. Howard Financial Services LTD.’s holdings in Invesco Total Return Bond ETF were worth $33,373,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of GTO. Harbour Investments Inc. increased its holdings in Invesco Total Return Bond ETF by 48.5% in the 1st quarter. Harbour Investments Inc. now owns 903 shares of the company’s stock valued at $42,000 after buying an additional 295 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings 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 buying an additional 920 shares during the period. Gilliland Jeter Wealth Management LLC bought a new position in Invesco Total Return Bond ETF in the 1st quarter valued at about $206,000. Sowell Financial Services LLC bought a new position in Invesco Total Return Bond ETF in the 1st quarter valued at about $259,000. Finally, Alteri Wealth LLC bought a new position in Invesco Total Return Bond ETF in the 1st quarter valued at about $273,000.

Invesco Total Return Bond ETF Price Performance

GTO stock opened at $47.78 on Friday. Invesco Total Return Bond ETF has a 12 month low of $45.46 and a 12 month high of $48.79. The company’s 50-day moving average price is $46.92 and its two-hundred day moving average price is $46.65.

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.