Park Avenue Securities LLC Lowers Position in Invesco Total Return Bond ETF (NYSEARCA:GTO)

Park Avenue Securities LLC lessened its stake in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 1.6% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 35,807 shares of the company’s stock after selling 590 shares during the quarter. Park Avenue Securities LLC’s holdings in Invesco Total Return Bond ETF were worth $1,680,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Focus Financial Network Inc. increased its position in Invesco Total Return Bond ETF by 4.2% during the fourth quarter. Focus Financial Network Inc. now owns 367,814 shares of the company’s stock valued at $17,067,000 after acquiring an additional 14,992 shares during the last quarter. Bogart Wealth LLC grew its holdings in shares of Invesco Total Return Bond ETF by 33.9% in the fourth quarter. Bogart Wealth LLC now owns 1,607 shares of the company’s stock worth $75,000 after purchasing an additional 407 shares during the last quarter. Rooted Wealth Advisors Inc. bought a new position in shares of Invesco Total Return Bond ETF in the fourth quarter worth about $11,850,000. Scarborough Advisors LLC bought a new position in shares of Invesco Total Return Bond ETF in the fourth quarter worth about $2,706,000. Finally, Kuhn & Co Investment Counsel grew its holdings in shares of Invesco Total Return Bond ETF by 5.5% in the fourth quarter. Kuhn & Co Investment Counsel now owns 16,149 shares of the company’s stock worth $749,000 after purchasing an additional 843 shares during the last quarter.

Invesco Total Return Bond ETF Stock Performance

NYSEARCA GTO opened at $46.28 on Wednesday. The company’s 50-day moving average price is $46.22 and its 200-day moving average price is $46.58. Invesco Total Return Bond ETF has a 12 month low of $45.46 and a 12 month high of $48.79.

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.