Diversify Wealth Management LLC Takes Position in Invesco Total Return Bond ETF $GTO

Diversify Wealth Management LLC bought a new position in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) in the 1st quarter, HoldingsChannel reports. The fund bought 51,522 shares of the company’s stock, valued at approximately $2,413,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in GTO. Williams & Novak LLC lifted its position in Invesco Total Return Bond ETF by 6.3% in the 4th quarter. Williams & Novak LLC now owns 4,875 shares of the company’s stock valued at $231,000 after acquiring an additional 289 shares in the last quarter. Evolution Wealth Advisors LLC increased its holdings in Invesco Total Return Bond ETF by 2.6% during the 4th quarter. Evolution Wealth Advisors LLC now owns 12,300 shares of the company’s stock worth $583,000 after purchasing an additional 308 shares in the last quarter. Perigon Wealth Management LLC increased its holdings in Invesco Total Return Bond ETF by 2.6% during the 4th quarter. Perigon Wealth Management LLC now owns 12,424 shares of the company’s stock worth $589,000 after purchasing an additional 316 shares in the last quarter. Independent Advisor Alliance raised its stake in shares of Invesco Total Return Bond ETF by 6.0% in the fourth quarter. Independent Advisor Alliance now owns 6,251 shares of the company’s stock worth $296,000 after purchasing an additional 356 shares during the last quarter. Finally, Alteri Wealth LLC raised its stake in shares of Invesco Total Return Bond ETF by 4.8% in the fourth quarter. Alteri Wealth LLC now owns 8,478 shares of the company’s stock worth $402,000 after purchasing an additional 387 shares during the last quarter.

Invesco Total Return Bond ETF Stock Performance

GTO stock opened at $46.44 on Tuesday. Invesco Total Return Bond ETF has a twelve month low of $46.18 and a twelve month high of $48.01. The stock’s 50 day moving average is $46.80 and its 200-day moving average is $47.16.

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.