Invesco Total Return Bond ETF $GTO Shares Sold by IFG Advisory LLC

IFG Advisory LLC lessened its stake in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 30.9% in the second quarter, Holdings Channel reports. The fund owned 262,776 shares of the company’s stock after selling 117,330 shares during the quarter. IFG Advisory LLC’s holdings in Invesco Total Return Bond ETF were worth $12,322,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Harbour Investments Inc. raised its position in shares of Invesco Total Return Bond ETF by 48.5% in the 1st quarter. Harbour Investments Inc. now owns 903 shares of the company’s stock valued at $42,000 after purchasing an additional 295 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco Total Return Bond ETF by 500.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,104 shares of the company’s stock valued at $52,000 after buying an additional 920 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in Invesco Total Return Bond ETF in the second quarter valued at approximately $142,000. Gilliland Jeter Wealth Management LLC bought a new position in Invesco Total Return Bond ETF during the 1st quarter worth $206,000. Finally, Williams & Novak LLC bought a new position in shares of Invesco Total Return Bond ETF during the second quarter worth about $212,000.

Invesco Total Return Bond ETF Stock Down 0.3%

GTO opened at $47.61 on Friday. The business’s 50 day moving average is $47.56 and its 200-day moving average is $46.85. Invesco Total Return Bond ETF has a twelve month low of $45.46 and a twelve month high of $48.01.

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.