Daner Wealth Management LLC Makes New Investment in Invesco Total Return Bond ETF (NYSEARCA:GTO)

Daner Wealth Management LLC purchased a new position in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 70,365 shares of the company’s stock, valued at approximately $3,278,000. Invesco Total Return Bond ETF accounts for approximately 2.4% of Daner Wealth Management LLC’s holdings, making the stock its 11th largest position.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. HighTower Advisors LLC raised its position in shares of Invesco Total Return Bond ETF by 1.5% in the 3rd quarter. HighTower Advisors LLC now owns 17,130 shares of the company’s stock valued at $831,000 after purchasing an additional 251 shares during the last quarter. American Capital Advisory LLC increased its stake in Invesco Total Return Bond ETF by 34.6% during the 4th quarter. American Capital Advisory LLC now owns 139,130 shares of the company’s stock valued at $6,456,000 after purchasing an additional 35,767 shares in the last quarter. Fortitude Family Office LLC purchased a new position in shares of Invesco Total Return Bond ETF in the fourth quarter worth $38,000. RTD Financial Advisors Inc. lifted its stake in shares of Invesco Total Return Bond ETF by 8.6% during the fourth quarter. RTD Financial Advisors Inc. now owns 849,587 shares of the company’s stock worth $39,421,000 after buying an additional 67,346 shares during the period. Finally, Orion Portfolio Solutions LLC grew its holdings in shares of Invesco Total Return Bond ETF by 101.1% during the third quarter. Orion Portfolio Solutions LLC now owns 23,768 shares of the company’s stock valued at $1,148,000 after buying an additional 11,949 shares during the last quarter.

Invesco Total Return Bond ETF Price Performance

NYSEARCA GTO opened at $47.06 on Wednesday. The stock’s fifty day moving average price is $46.49 and its 200 day moving average price is $47.22. Invesco Total Return Bond ETF has a 1 year low of $45.32 and a 1 year high of $48.79.

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.