Invesco Total Return Bond ETF (NYSEARCA:GTO) is KWB Wealth’s 6th Largest Position

KWB Wealth lowered its holdings in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 1.8% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 780,781 shares of the company’s stock after selling 14,527 shares during the period. Invesco Total Return Bond ETF accounts for approximately 4.9% of KWB Wealth’s investment portfolio, making the stock its 6th biggest holding. KWB Wealth’s holdings in Invesco Total Return Bond ETF were worth $36,548,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Envestnet Asset Management Inc. lifted its stake in shares of Invesco Total Return Bond ETF by 5.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,549,511 shares of the company’s stock valued at $73,199,000 after purchasing an additional 84,418 shares during the period. Brio Consultants LLC lifted its stake in shares of Invesco Total Return Bond ETF by 20.5% in the 4th quarter. Brio Consultants LLC now owns 868,293 shares of the company’s stock valued at $41,018,000 after purchasing an additional 147,754 shares during the period. RTD Financial Advisors Inc. lifted its stake in shares of Invesco Total Return Bond ETF by 1.1% in the 1st quarter. RTD Financial Advisors Inc. now owns 752,156 shares of the company’s stock valued at $35,208,000 after purchasing an additional 8,186 shares during the period. CWM LLC lifted its stake in shares of Invesco Total Return Bond ETF by 3.5% in the 4th quarter. CWM LLC now owns 680,435 shares of the company’s stock valued at $32,144,000 after purchasing an additional 22,816 shares during the period. Finally, Focus Financial Network Inc. ADV purchased a new position in shares of Invesco Total Return Bond ETF in the 4th quarter valued at approximately $22,154,000.

Invesco Total Return Bond ETF Stock Up 0.6 %

NYSEARCA:GTO traded up $0.27 during trading hours on Thursday, reaching $46.49. 125,606 shares of the company traded hands, compared to its average volume of 177,795. The business’s 50-day moving average price is $46.35 and its two-hundred day moving average price is $46.53. Invesco Total Return Bond ETF has a 1 year low of $43.27 and a 1 year high of $47.47.

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.