Tennessee Valley Asset Management Partners Buys 356,931 Shares of Invesco Total Return Bond ETF $GTO

Tennessee Valley Asset Management Partners purchased a new position in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) during the third quarter, Holdings Channel.com reports. The fund purchased 356,931 shares of the company’s stock, valued at approximately $15,916,000. Invesco Total Return Bond ETF makes up approximately 1.7% of Tennessee Valley Asset Management Partners’ holdings, making the stock its 11th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pinnacle Bancorp Inc. purchased a new position in Invesco Total Return Bond ETF in the third quarter valued at $49,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Invesco Total Return Bond ETF during the 3rd quarter worth about $56,000. Y.D. More Investments Ltd purchased a new stake in shares of Invesco Total Return Bond ETF during the 1st quarter worth about $70,000. Signature Equity Partners LLC grew its position in shares of Invesco Total Return Bond ETF by 8.6% during the 1st quarter. Signature Equity Partners LLC now owns 3,683 shares of the company’s stock valued at $172,000 after acquiring an additional 292 shares during the period. Finally, CoreCap Advisors LLC grew its position in shares of Invesco Total Return Bond ETF by 40.9% during the 2nd quarter. CoreCap Advisors LLC now owns 3,834 shares of the company’s stock valued at $180,000 after acquiring an additional 1,112 shares during the period.

Invesco Total Return Bond ETF Price Performance

Shares of Invesco Total Return Bond ETF stock traded down $0.01 on Friday, hitting $45.48. The company’s stock had a trading volume of 1,066,066 shares, compared to its average volume of 284,266. Invesco Total Return Bond ETF has a 1 year low of $44.42 and a 1 year high of $47.98. The firm has a fifty day moving average price of $45.20 and a 200-day moving average price of $46.49.

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.