Invesco Total Return Bond ETF (NYSEARCA:GTO) Reaches New 12-Month High at $47.48

Invesco Total Return Bond ETF (NYSEARCA:GTO) hit a new 52-week high during trading on Thursday . The stock traded as high as $47.48 and last traded at $47.44, with a volume of 95597 shares traded. The stock had previously closed at $47.24.

Invesco Total Return Bond ETF Price Performance

The company’s fifty day simple moving average is $46.69 and its 200 day simple moving average is $46.51.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Focus Financial Network Inc. ADV bought a new stake in Invesco Total Return Bond ETF during the 4th quarter valued at about $22,154,000. Northwest Financial Advisors bought a new stake in Invesco Total Return Bond ETF during the 4th quarter valued at about $15,382,000. Financial Designs Corp bought a new stake in Invesco Total Return Bond ETF during the 1st quarter valued at about $6,943,000. Brio Consultants LLC increased its stake in Invesco Total Return Bond ETF by 20.5% during the 4th quarter. Brio Consultants LLC now owns 868,293 shares of the company’s stock valued at $41,018,000 after purchasing an additional 147,754 shares in the last quarter. Finally, Howard Financial Services LTD. increased its stake in Invesco Total Return Bond ETF by 33.5% during the 2nd quarter. Howard Financial Services LTD. now owns 568,172 shares of the company’s stock valued at $26,340,000 after purchasing an additional 142,419 shares in the last quarter.

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.