Invesco Total Return Bond ETF (NYSEARCA:GTO) Shares Sold by Beacon Financial Planning Inc.

Beacon Financial Planning Inc. reduced its stake in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 5.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 241,635 shares of the company’s stock after selling 15,147 shares during the quarter. Invesco Total Return Bond ETF accounts for approximately 6.5% of Beacon Financial Planning Inc.’s portfolio, making the stock its 5th largest holding. Beacon Financial Planning Inc. owned 0.87% of Invesco Total Return Bond ETF worth $11,212,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in GTO. Fifth Third Bancorp acquired a new position in shares of Invesco Total Return Bond ETF during the 4th quarter worth $33,000. Fortitude Family Office LLC purchased a new position in Invesco Total Return Bond ETF during the 4th quarter valued at about $38,000. Concord Wealth Partners raised its position in Invesco Total Return Bond ETF by 712.3% during the third quarter. Concord Wealth Partners now owns 861 shares of the company’s stock worth $42,000 after acquiring an additional 755 shares during the last quarter. Bogart Wealth LLC purchased a new stake in shares of Invesco Total Return Bond ETF in the third quarter valued at about $58,000. Finally, Gilliland Jeter Wealth Management LLC grew its position in shares of Invesco Total Return Bond ETF by 187.7% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 4,779 shares of the company’s stock valued at $231,000 after purchasing an additional 3,118 shares during the last quarter.

Invesco Total Return Bond ETF Price Performance

Shares of GTO opened at $46.60 on Wednesday. Invesco Total Return Bond ETF has a 1-year low of $45.32 and a 1-year high of $48.79. The firm has a 50 day simple moving average of $46.64 and a 200-day simple moving average of $47.27.

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.