Financial Engines Advisors L.L.C. Sells 2,236 Shares of Invesco Total Return Bond ETF (NYSEARCA:GTO)

Financial Engines Advisors L.L.C. reduced its stake in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 23.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 7,107 shares of the company’s stock after selling 2,236 shares during the quarter. Financial Engines Advisors L.L.C.’s holdings in Invesco Total Return Bond ETF were worth $330,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Fifth Third Bancorp purchased a new stake in shares of Invesco Total Return Bond ETF during the 4th quarter valued at about $33,000. Fortitude Family Office LLC purchased a new stake in Invesco Total Return Bond ETF during the fourth quarter valued at approximately $38,000. Concord Wealth Partners lifted its stake in shares of Invesco Total Return Bond ETF by 76.0% in the 4th quarter. Concord Wealth Partners now owns 1,515 shares of the company’s stock valued at $70,000 after purchasing an additional 654 shares during the last quarter. Bogart Wealth LLC boosted its holdings in shares of Invesco Total Return Bond ETF by 33.9% in the 4th quarter. Bogart Wealth LLC now owns 1,607 shares of the company’s stock worth $75,000 after purchasing an additional 407 shares during the period. Finally, Farther Finance Advisors LLC increased its position in shares of Invesco Total Return Bond ETF by 15,765.6% during the 4th quarter. Farther Finance Advisors LLC now owns 5,077 shares of the company’s stock valued at $236,000 after purchasing an additional 5,045 shares during the last quarter.

Invesco Total Return Bond ETF Stock Performance

Shares of GTO opened at $46.60 on Friday. The business has a fifty day moving average of $46.78 and a 200 day moving average of $47.08. Invesco Total Return Bond ETF has a 52-week low of $45.32 and a 52-week high of $48.79.

Invesco Total Return Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be issued a $0.1882 dividend. The ex-dividend date of this dividend is Monday, March 24th. This is a positive change from Invesco Total Return Bond ETF’s previous dividend of $0.18.

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.