IFP Advisors Inc Has $16.10 Million Stake in Invesco Total Return Bond ETF $GTO

IFP Advisors Inc increased its stake in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 306.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 343,525 shares of the company’s stock after purchasing an additional 258,933 shares during the quarter. IFP Advisors Inc owned about 0.65% of Invesco Total Return Bond ETF worth $16,101,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Williams & Novak LLC lifted its holdings in Invesco Total Return Bond ETF by 6.3% during the 4th quarter. Williams & Novak LLC now owns 4,875 shares of the company’s stock worth $231,000 after buying an additional 289 shares in the last quarter. Signature Equity Partners LLC increased its stake in shares of Invesco Total Return Bond ETF by 8.6% in the 1st quarter. Signature Equity Partners LLC now owns 3,683 shares of the company’s stock valued at $172,000 after buying an additional 292 shares during the period. Independent Advisor Alliance raised its position in shares of Invesco Total Return Bond ETF by 6.0% during the fourth quarter. Independent Advisor Alliance now owns 6,251 shares of the company’s stock worth $296,000 after acquiring an additional 356 shares during the last quarter. Alteri Wealth LLC raised its position in shares of Invesco Total Return Bond ETF by 4.8% during the fourth quarter. Alteri Wealth LLC now owns 8,478 shares of the company’s stock worth $402,000 after acquiring an additional 387 shares during the last quarter. Finally, MSH Capital Advisors LLC raised its position in shares of Invesco Total Return Bond ETF by 2.8% during the fourth quarter. MSH Capital Advisors LLC now owns 16,434 shares of the company’s stock worth $779,000 after acquiring an additional 451 shares during the last quarter.

Invesco Total Return Bond ETF Stock Down 0.1%

Shares of GTO opened at $45.97 on Wednesday. The stock’s fifty day simple moving average is $46.30 and its 200-day simple moving average is $46.78. Invesco Total Return Bond ETF has a 12-month low of $45.88 and a 12-month high of $48.01.

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.