Petix & Botte Co Acquires 51,773 Shares of Invesco Total Return Bond ETF $GTO

Petix & Botte Co boosted its holdings in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 14.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 402,874 shares of the company’s stock after acquiring an additional 51,773 shares during the quarter. Invesco Total Return Bond ETF accounts for about 4.4% of Petix & Botte Co’s investment portfolio, making the stock its 3rd biggest position. Petix & Botte Co owned about 0.98% of Invesco Total Return Bond ETF worth $19,141,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in GTO. AQR Capital Management LLC grew its stake in shares of Invesco Total Return Bond ETF by 83.0% in the 1st quarter. AQR Capital Management LLC now owns 85,840 shares of the company’s stock valued at $4,028,000 after purchasing an additional 38,940 shares during the period. Jane Street Group LLC boosted its stake in Invesco Total Return Bond ETF by 75.3% in the 1st quarter. Jane Street Group LLC now owns 117,963 shares of the company’s stock valued at $5,536,000 after buying an additional 50,657 shares in the last quarter. Cetera Investment Advisers boosted its stake in Invesco Total Return Bond ETF by 4.2% in the 2nd quarter. Cetera Investment Advisers now owns 414,325 shares of the company’s stock valued at $19,428,000 after buying an additional 16,736 shares in the last quarter. Avantax Advisory Services Inc. grew its position in Invesco Total Return Bond ETF by 6.5% in the second quarter. Avantax Advisory Services Inc. now owns 96,902 shares of the company’s stock valued at $4,544,000 after acquiring an additional 5,884 shares during the period. Finally, Alteri Wealth LLC grew its position in Invesco Total Return Bond ETF by 15.8% in the second quarter. Alteri Wealth LLC now owns 6,748 shares of the company’s stock valued at $316,000 after acquiring an additional 922 shares during the period.

Invesco Total Return Bond ETF Trading Up 0.2%

Invesco Total Return Bond ETF stock opened at $47.29 on Wednesday. The stock has a fifty day moving average price of $47.58 and a two-hundred day moving average price of $47.58. Invesco Total Return Bond ETF has a 52-week low of $45.46 and a 52-week high of $48.01.

Invesco Total Return Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were given a dividend of $0.1797 per share. The ex-dividend date was Monday, February 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

Invesco Total Return Bond ETF 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.