Invesco Total Return Bond ETF (NYSEARCA:GTO) Sets New 1-Year Low – Here’s What Happened

Invesco Total Return Bond ETF (NYSEARCA:GTO) hit a new 52-week low during trading on Monday . The stock traded as low as $45.38 and last traded at $45.3750, with a volume of 21901 shares traded. The stock had previously closed at $45.50.

Invesco Total Return Bond ETF Stock Down 0.2%

The stock’s 50 day simple moving average is $46.12 and its 200 day simple moving average is $46.65.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of GTO. Your Advocates Ltd. LLP bought a new stake in Invesco Total Return Bond ETF in the first quarter valued at approximately $29,000. Longview Financial Advisors Inc. bought a new position in shares of Invesco Total Return Bond ETF in the first quarter worth approximately $48,000. Y.D. More Investments Ltd bought a new position in shares of Invesco Total Return Bond ETF in the first quarter worth approximately $70,000. Signature Equity Partners LLC increased its stake in shares of Invesco Total Return Bond ETF by 8.6% in the first quarter. Signature Equity Partners LLC now owns 3,683 shares of the company’s stock worth $172,000 after buying an additional 292 shares during the period. Finally, CoreCap Advisors LLC increased its stake in shares of Invesco Total Return Bond ETF by 40.9% in the second quarter. CoreCap Advisors LLC now owns 3,834 shares of the company’s stock worth $180,000 after buying an additional 1,112 shares during the period.

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.