Axxcess Wealth Management LLC Raises Holdings in Invesco Total Return Bond ETF $GTO

Axxcess Wealth Management LLC increased its position in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 17.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 92,475 shares of the company’s stock after purchasing an additional 13,468 shares during the period. Axxcess Wealth Management LLC owned 0.23% of Invesco Total Return Bond ETF worth $4,393,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. lifted its stake in Invesco Total Return Bond ETF by 4.0% in the third quarter. Cullen Frost Bankers Inc. now owns 6,188 shares of the company’s stock valued at $294,000 after buying an additional 236 shares during the last quarter. JT Stratford LLC increased its holdings in shares of Invesco Total Return Bond ETF by 1.1% in the 2nd quarter. JT Stratford LLC now owns 25,414 shares of the company’s stock valued at $1,192,000 after acquiring an additional 276 shares during the period. Harbour Investments Inc. increased its holdings in shares of Invesco Total Return Bond ETF by 49.7% in the 2nd quarter. Harbour Investments Inc. now owns 1,352 shares of the company’s stock valued at $63,000 after acquiring an additional 449 shares during the period. PAX Financial Group LLC raised its position in Invesco Total Return Bond ETF by 1.4% in the 2nd quarter. PAX Financial Group LLC now owns 32,882 shares of the company’s stock valued at $1,542,000 after purchasing an additional 464 shares during the last quarter. Finally, Flagship Harbor Advisors LLC boosted its stake in Invesco Total Return Bond ETF by 1.3% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 37,546 shares of the company’s stock worth $1,784,000 after purchasing an additional 497 shares during the period.

Invesco Total Return Bond ETF Price Performance

Shares of Invesco Total Return Bond ETF stock opened at $47.90 on Thursday. Invesco Total Return Bond ETF has a 1 year low of $45.46 and a 1 year high of $48.01. The company’s fifty day moving average is $47.54 and its two-hundred day moving average is $47.49.

Invesco Total Return Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were given a $0.1835 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Tuesday, January 20th.

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.