Howard Financial Services LTD. Has $5.46 Million Position in Invesco Total Return Bond ETF (NYSEARCA:GTO)

Howard Financial Services LTD. cut its position in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 15.6% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 117,505 shares of the company’s stock after selling 21,716 shares during the quarter. Invesco Total Return Bond ETF comprises 1.3% of Howard Financial Services LTD.’s portfolio, making the stock its 20th biggest holding. Howard Financial Services LTD.’s holdings in Invesco Total Return Bond ETF were worth $5,459,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC grew its holdings in shares of Invesco Total Return Bond ETF by 37.9% during the 1st quarter. LPL Financial LLC now owns 2,278,374 shares of the company’s stock valued at $107,539,000 after purchasing an additional 626,027 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of Invesco Total Return Bond ETF by 372.6% during the 1st quarter. Jane Street Group LLC now owns 645,709 shares of the company’s stock valued at $33,867,000 after purchasing an additional 509,091 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Invesco Total Return Bond ETF by 542.8% during the 4th quarter. Bank of America Corp DE now owns 590,237 shares of the company’s stock valued at $27,428,000 after purchasing an additional 498,420 shares during the last quarter. Advisor Group Holdings Inc. grew its holdings in shares of Invesco Total Return Bond ETF by 69.4% during the 4th quarter. Advisor Group Holdings Inc. now owns 908,436 shares of the company’s stock valued at $42,218,000 after purchasing an additional 372,017 shares during the last quarter. Finally, Money Concepts Capital Corp grew its holdings in shares of Invesco Total Return Bond ETF by 13,969.1% during the 1st quarter. Money Concepts Capital Corp now owns 348,069 shares of the company’s stock valued at $25,564,000 after purchasing an additional 345,595 shares during the last quarter.

Invesco Total Return Bond ETF Trading Down 0.2 %

Shares of Invesco Total Return Bond ETF stock traded down $0.09 during midday trading on Tuesday, hitting $45.29. 23,609 shares of the company traded hands, compared to its average volume of 163,997. The firm’s fifty day moving average price is $45.94 and its 200-day moving average price is $46.50. Invesco Total Return Bond ETF has a 12 month low of $44.24 and a 12 month high of $48.82.

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.