Gerber Kawasaki Wealth & Investment Management purchased a new stake in Invesco Total Return Bond ETF (NYSEARCA:GTO – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 17,870 shares of the company’s stock, valued at approximately $797,000.
A number of other hedge funds also recently modified their holdings of GTO. Envestnet Asset Management Inc. lifted its position in shares of Invesco Total Return Bond ETF by 32.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,368,117 shares of the company’s stock worth $189,967,000 after acquiring an additional 1,081,673 shares during the period. Bank of America Corp DE increased its position in shares of Invesco Total Return Bond ETF by 236.8% during the first quarter. Bank of America Corp DE now owns 3,812,087 shares of the company’s stock valued at $178,520,000 after purchasing an additional 2,680,104 shares during the period. Bank of New York Mellon Corp increased its position in shares of Invesco Total Return Bond ETF by 16.8% during the first quarter. Bank of New York Mellon Corp now owns 1,331,112 shares of the company’s stock valued at $62,336,000 after purchasing an additional 191,848 shares during the period. RTD Financial Advisors Inc. bought a new stake in shares of Invesco Total Return Bond ETF during the third quarter valued at approximately $40,547,000. Finally, Howard Financial Services LTD. increased its position in shares of Invesco Total Return Bond ETF by 0.4% during the third quarter. Howard Financial Services LTD. now owns 801,013 shares of the company’s stock valued at $35,717,000 after purchasing an additional 2,921 shares during the period.
Invesco Total Return Bond ETF Stock Performance
Shares of NYSEARCA GTO opened at $45.24 on Wednesday. The business has a fifty day simple moving average of $45.25 and a 200 day simple moving average of $46.52. Invesco Total Return Bond ETF has a one year low of $44.42 and a one year high of $47.98.
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.
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