Avid Wealth Partners LLC Raises Holdings in Invesco Total Return Bond ETF (NYSEARCA:GTO)

Avid Wealth Partners LLC raised its stake in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 99.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,655 shares of the company’s stock after purchasing an additional 50,301 shares during the period. Invesco Total Return Bond ETF comprises 3.4% of Avid Wealth Partners LLC’s investment portfolio, making the stock its 11th biggest position. Avid Wealth Partners LLC owned approximately 0.36% of Invesco Total Return Bond ETF worth $4,862,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. WealthCare Investment Partners LLC raised its position in shares of Invesco Total Return Bond ETF by 4.5% during the 3rd quarter. WealthCare Investment Partners LLC now owns 5,178 shares of the company’s stock worth $247,000 after acquiring an additional 222 shares in the last quarter. Gilliland Jeter Wealth Management LLC raised its holdings in Invesco Total Return Bond ETF by 21.2% during the second quarter. Gilliland Jeter Wealth Management LLC now owns 1,661 shares of the company’s stock worth $77,000 after purchasing an additional 290 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in Invesco Total Return Bond ETF during the first quarter worth approximately $30,000. Concord Wealth Partners lifted its position in shares of Invesco Total Return Bond ETF by 712.3% during the 3rd quarter. Concord Wealth Partners now owns 861 shares of the company’s stock worth $42,000 after buying an additional 755 shares during the last quarter. Finally, Bogart Wealth LLC acquired a new position in shares of Invesco Total Return Bond ETF in the 3rd quarter valued at $58,000.

Invesco Total Return Bond ETF Trading Up 0.2 %

Shares of NYSEARCA:GTO opened at $47.20 on Friday. Invesco Total Return Bond ETF has a 12 month low of $44.41 and a 12 month high of $48.79. The company’s fifty day moving average price is $47.83 and its 200 day moving average price is $47.15.

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.