RTD Financial Advisors Inc. Makes New $40.55 Million Investment in Invesco Total Return Bond ETF $GTO

RTD Financial Advisors Inc. acquired a new position in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 909,335 shares of the company’s stock, valued at approximately $40,547,000. Invesco Total Return Bond ETF comprises about 4.4% of RTD Financial Advisors Inc.’s investment portfolio, making the stock its 4th biggest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Bank of America Corp DE increased its stake in Invesco Total Return Bond ETF by 236.8% in the first quarter. Bank of America Corp DE now owns 3,812,087 shares of the company’s stock valued at $178,520,000 after purchasing an additional 2,680,104 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Invesco Total Return Bond ETF by 32.9% in the second quarter. Envestnet Asset Management Inc. now owns 4,368,117 shares of the company’s stock valued at $189,967,000 after buying an additional 1,081,673 shares during the period. Acima Private Wealth LLC acquired a new position in Invesco Total Return Bond ETF during the third quarter valued at approximately $13,273,000. IFP Advisors Inc lifted its position in Invesco Total Return Bond ETF by 306.1% during the second quarter. IFP Advisors Inc now owns 343,525 shares of the company’s stock valued at $16,101,000 after buying an additional 258,933 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in Invesco Total Return Bond ETF by 109.5% during the second quarter. NewEdge Advisors LLC now owns 492,314 shares of the company’s stock worth $23,075,000 after buying an additional 257,366 shares during the period.

Invesco Total Return Bond ETF Price Performance

Invesco Total Return Bond ETF stock opened at $44.74 on Friday. The firm has a fifty day moving average of $45.67 and a 200-day moving average of $46.39. Invesco Total Return Bond ETF has a 52-week low of $44.42 and a 52-week high of $47.98.

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.