Invesco Total Return Bond ETF (NYSEARCA:GTO) Shares Bought by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 15.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 201,179 shares of the company’s stock after buying an additional 27,325 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Invesco Total Return Bond ETF were worth $9,335,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GTO. Tidemark LLC raised its position in shares of Invesco Total Return Bond ETF by 23.1% in the third quarter. Tidemark LLC now owns 811,827 shares of the company’s stock valued at $39,211,000 after buying an additional 152,152 shares during the last quarter. LPL Financial LLC raised its position in shares of Invesco Total Return Bond ETF by 25.9% in the third quarter. LPL Financial LLC now owns 2,887,779 shares of the company’s stock valued at $139,480,000 after buying an additional 593,167 shares during the last quarter. Elios Financial Group Inc. acquired a new position in shares of Invesco Total Return Bond ETF in the third quarter valued at approximately $932,000. Insight Wealth Partners LLC raised its position in shares of Invesco Total Return Bond ETF by 5.8% in the third quarter. Insight Wealth Partners LLC now owns 88,747 shares of the company’s stock valued at $4,286,000 after buying an additional 4,892 shares during the last quarter. Finally, CreativeOne Wealth LLC acquired a new position in shares of Invesco Total Return Bond ETF in the third quarter valued at approximately $550,000.

Invesco Total Return Bond ETF Price Performance

NYSEARCA:GTO opened at $46.92 on Tuesday. The firm has a 50 day simple moving average of $46.67 and a 200-day simple moving average of $47.14. Invesco Total Return Bond ETF has a 1-year low of $45.32 and a 1-year high of $48.79.

Invesco Total Return Bond ETF Company 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.