LPL Financial LLC Raises Stock Position in Invesco Total Return Bond ETF $GTO

LPL Financial LLC increased its stake in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 1.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,533,853 shares of the company’s stock after acquiring an additional 53,523 shares during the quarter. LPL Financial LLC owned approximately 0.10% of Invesco Total Return Bond ETF worth $214,995,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of GTO. Axxcess Wealth Management LLC grew its holdings in shares of Invesco Total Return Bond ETF by 385.6% during the fourth quarter. Axxcess Wealth Management LLC now owns 449,070 shares of the company’s stock worth $21,295,000 after buying an additional 356,595 shares in the last quarter. Bank of America Corp DE lifted its position in Invesco Total Return Bond ETF by 45.7% in the second quarter. Bank of America Corp DE now owns 1,070,063 shares of the company’s stock valued at $50,175,000 after buying an additional 335,677 shares during the last quarter. CWM LLC lifted its position in Invesco Total Return Bond ETF by 8.5% in the fourth quarter. CWM LLC now owns 2,060,937 shares of the company’s stock valued at $97,730,000 after buying an additional 161,323 shares during the last quarter. Wilian Securities LLC acquired a new stake in shares of Invesco Total Return Bond ETF during the fourth quarter worth about $5,866,000. Finally, Cooper Financial Group lifted its position in shares of Invesco Total Return Bond ETF by 221.3% during the fourth quarter. Cooper Financial Group now owns 178,147 shares of the company’s stock worth $8,448,000 after purchasing an additional 122,699 shares in the last quarter.

Invesco Total Return Bond ETF Price Performance

Shares of GTO opened at $46.73 on Wednesday. Invesco Total Return Bond ETF has a 1 year low of $46.18 and a 1 year high of $48.01. The company’s 50-day simple moving average is $46.91 and its 200-day simple moving average is $47.28.

Invesco Total Return Bond ETF 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.