Asset Allocation Strategies LLC Has $5.67 Million Stock Holdings in Invesco Total Return Bond ETF $GTO

Asset Allocation Strategies LLC cut its position in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 24.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 119,622 shares of the company’s stock after selling 39,039 shares during the quarter. Invesco Total Return Bond ETF accounts for 1.1% of Asset Allocation Strategies LLC’s portfolio, making the stock its 23rd biggest holding. Asset Allocation Strategies LLC’s holdings in Invesco Total Return Bond ETF were worth $5,672,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Acima Private Wealth LLC grew its position in Invesco Total Return Bond ETF by 10.9% during the third quarter. Acima Private Wealth LLC now owns 230,420 shares of the company’s stock worth $10,947,000 after buying an additional 22,665 shares in the last quarter. Northwest Financial Advisors grew its position in Invesco Total Return Bond ETF by 21.3% during the fourth quarter. Northwest Financial Advisors now owns 70,534 shares of the company’s stock worth $3,345,000 after buying an additional 12,388 shares in the last quarter. Cooper Financial Group grew its position in Invesco Total Return Bond ETF by 221.3% during the fourth quarter. Cooper Financial Group now owns 178,147 shares of the company’s stock worth $8,448,000 after buying an additional 122,699 shares in the last quarter. Petix & Botte Co grew its position in Invesco Total Return Bond ETF by 14.7% during the third quarter. Petix & Botte Co now owns 402,874 shares of the company’s stock worth $19,141,000 after buying an additional 51,773 shares in the last quarter. Finally, Howard Financial Services LTD. boosted its holdings in Invesco Total Return Bond ETF by 2.2% during the fourth quarter. Howard Financial Services LTD. now owns 741,142 shares of the company’s stock valued at $35,145,000 after purchasing an additional 16,215 shares in the last quarter.

Invesco Total Return Bond ETF Price Performance

NYSEARCA GTO opened at $46.92 on Friday. The stock’s 50 day moving average is $46.91 and its two-hundred day moving average is $47.27. Invesco Total Return Bond ETF has a 1-year low of $46.18 and a 1-year 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.