KWB Wealth Sells 9,198 Shares of Invesco Total Return Bond ETF $GTO

KWB Wealth lessened its position in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 1.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 770,147 shares of the company’s stock after selling 9,198 shares during the quarter. Invesco Total Return Bond ETF makes up about 4.1% of KWB Wealth’s portfolio, making the stock its 7th biggest position. KWB Wealth owned about 1.82% of Invesco Total Return Bond ETF worth $36,143,000 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 GTO. Bank of New York Mellon Corp lifted its position in shares of Invesco Total Return Bond ETF by 76.8% during the 1st quarter. Bank of New York Mellon Corp now owns 1,108,392 shares of the company’s stock valued at $52,017,000 after acquiring an additional 481,544 shares during the period. Sowell Financial Services LLC acquired a new stake in Invesco Total Return Bond ETF during the first quarter worth approximately $259,000. Comerica Bank grew its stake in Invesco Total Return Bond ETF by 12.6% during the first quarter. Comerica Bank now owns 16,564 shares of the company’s stock worth $777,000 after purchasing an additional 1,855 shares during the period. Janney Montgomery Scott LLC grew its stake in Invesco Total Return Bond ETF by 34.0% during the first quarter. Janney Montgomery Scott LLC now owns 15,311 shares of the company’s stock worth $719,000 after purchasing an additional 3,886 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its stake in Invesco Total Return Bond ETF by 50.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 265,234 shares of the company’s stock worth $12,447,000 after purchasing an additional 89,016 shares during the period.

Invesco Total Return Bond ETF Stock Performance

Shares of NYSEARCA:GTO opened at $47.40 on Friday. Invesco Total Return Bond ETF has a 52-week low of $45.46 and a 52-week high of $48.49. The business’s 50 day simple moving average is $47.13 and its two-hundred day simple moving average is $46.69.

About Invesco Total Return Bond ETF

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.