KWB Wealth Sells 507,217 Shares of Invesco Total Return Bond ETF $GTO

KWB Wealth trimmed its stake in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 66.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 250,768 shares of the company’s stock after selling 507,217 shares during the period. Invesco Total Return Bond ETF accounts for about 1.1% of KWB Wealth’s investment portfolio, making the stock its 26th largest holding. KWB Wealth’s holdings in Invesco Total Return Bond ETF were worth $11,891,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of GTO. True Wealth Design LLC acquired a new position in Invesco Total Return Bond ETF during the 3rd quarter worth about $29,000. TD Private Client Wealth LLC acquired a new stake in shares of Invesco Total Return Bond ETF in the third quarter valued at about $77,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco Total Return Bond ETF by 1,365.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,832 shares of the company’s stock valued at $87,000 after buying an additional 1,707 shares during the period. KERR FINANCIAL PLANNING Corp bought a new position in shares of Invesco Total Return Bond ETF during the third quarter worth about $112,000. Finally, Montag A & Associates Inc. bought a new position in shares of Invesco Total Return Bond ETF during the third quarter worth about $137,000.

Invesco Total Return Bond ETF Stock Down 0.0%

Invesco Total Return Bond ETF stock opened at $46.74 on Tuesday. The stock’s 50 day moving average is $47.53 and its 200 day moving average is $47.57. Invesco Total Return Bond ETF has a one year low of $45.46 and a one year high of $48.01.

Invesco Total Return Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were issued a dividend of $0.1797 per share. The ex-dividend date was Monday, February 23rd. This represents a c) annualized dividend and a yield of 4.6%.

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.