Invesco Total Return Bond ETF (NYSEARCA:GTO) Reaches New 52-Week Low – Here’s What Happened

Invesco Total Return Bond ETF (NYSEARCA:GTO) shares reached a new 52-week low during trading on Friday . The stock traded as low as $46.01 and last traded at $46.03, with a volume of 50921 shares changing hands. The stock had previously closed at $46.15.

Invesco Total Return Bond ETF Price Performance

The company has a fifty day moving average price of $46.68 and a 200-day moving average price of $47.05.

Institutional Trading of Invesco Total Return Bond ETF

A number of large investors have recently added to or reduced their stakes in the company. LPL Financial LLC boosted its position in shares of Invesco Total Return Bond ETF by 1.2% during the 4th quarter. LPL Financial LLC now owns 4,533,853 shares of the company’s stock valued at $214,995,000 after acquiring an additional 53,523 shares during the last quarter. Invesco Ltd. raised its stake in Invesco Total Return Bond ETF by 67.2% during the fourth quarter. Invesco Ltd. now owns 4,181,308 shares of the company’s stock valued at $198,278,000 after purchasing an additional 1,680,006 shares in the last quarter. Bank of America Corp DE raised its stake in Invesco Total Return Bond ETF by 236.8% during 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 in the last quarter. CWM LLC lifted its position in Invesco Total Return Bond ETF by 8.5% during the fourth quarter. CWM LLC now owns 2,060,937 shares of the company’s stock valued at $97,730,000 after purchasing an additional 161,323 shares during the last quarter. Finally, Morgan Stanley lifted its position in Invesco Total Return Bond ETF by 4.3% during the fourth quarter. Morgan Stanley now owns 1,722,422 shares of the company’s stock valued at $81,677,000 after purchasing an additional 70,358 shares during the last quarter.

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.