Invesco Total Return Bond ETF $GTO Shares Sold by IFG Advisory LLC

IFG Advisory LLC cut its holdings in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 15.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 228,774 shares of the company’s stock after selling 41,887 shares during the period. IFG Advisory LLC’s holdings in Invesco Total Return Bond ETF were worth $10,848,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its stake in 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 in the last quarter. KERR FINANCIAL PLANNING Corp acquired a new stake in Invesco Total Return Bond ETF in the third quarter valued at $112,000. Montag A & Associates Inc. acquired a new stake in Invesco Total Return Bond ETF in the third quarter valued at $137,000. Wealth Watch Advisors INC acquired a new stake in Invesco Total Return Bond ETF in the third quarter valued at $167,000. Finally, Goodman Advisory Group LLC acquired a new stake in Invesco Total Return Bond ETF in the third quarter valued at $199,000.

Invesco Total Return Bond ETF Stock Performance

Invesco Total Return Bond ETF stock opened at $46.78 on Thursday. Invesco Total Return Bond ETF has a 1-year low of $45.98 and a 1-year high of $48.01. The stock’s fifty day moving average is $46.91 and its two-hundred day moving average is $47.33.

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.