Axxcess Wealth Management LLC Acquires 356,595 Shares of Invesco Total Return Bond ETF $GTO

Axxcess Wealth Management LLC grew its holdings in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 385.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 449,070 shares of the company’s stock after buying an additional 356,595 shares during the period. Axxcess Wealth Management LLC’s holdings in Invesco Total Return Bond ETF were worth $21,295,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Global Retirement Partners LLC boosted its holdings in shares of Invesco Total Return Bond ETF by 15.6% during the 4th quarter. Global Retirement Partners LLC now owns 10,059 shares of the company’s stock worth $477,000 after buying an additional 1,361 shares in the last quarter. IFP Advisors Inc boosted its holdings in shares of Invesco Total Return Bond ETF by 1.9% during the 4th quarter. IFP Advisors Inc now owns 80,664 shares of the company’s stock worth $3,825,000 after buying an additional 1,515 shares in the last quarter. Summit Wealth Group LLC bought a new position in shares of Invesco Total Return Bond ETF during the 4th quarter worth approximately $280,000. HighTower Advisors LLC boosted its holdings in shares of Invesco Total Return Bond ETF by 20.0% during the 4th quarter. HighTower Advisors LLC now owns 29,815 shares of the company’s stock worth $1,414,000 after buying an additional 4,975 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Invesco Total Return Bond ETF by 11.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 238,836 shares of the company’s stock worth $11,326,000 after buying an additional 25,491 shares in the last quarter.

Invesco Total Return Bond ETF Trading Up 0.2%

Shares of GTO opened at $46.61 on Friday. Invesco Total Return Bond ETF has a 12-month low of $45.81 and a 12-month high of $48.01. The business’s fifty day moving average is $46.93 and its 200 day moving average is $47.35.

Invesco Total Return Bond ETF 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.