Invesco Total Return Bond ETF $GTO Stake Reduced by Channel Wealth LLC

Channel Wealth LLC cut its stake in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 20.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 113,204 shares of the company’s stock after selling 29,567 shares during the period. Invesco Total Return Bond ETF accounts for approximately 1.4% of Channel Wealth LLC’s investment portfolio, making the stock its 21st largest holding. Channel Wealth LLC owned 0.28% of Invesco Total Return Bond ETF worth $5,378,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Osaic Holdings Inc. grew its position in shares of Invesco Total Return Bond ETF by 1.4% during the second quarter. Osaic Holdings Inc. now owns 2,988,723 shares of the company’s stock worth $140,143,000 after acquiring an additional 42,448 shares during the last quarter. Invesco Ltd. grew its position in Invesco Total Return Bond ETF by 2.6% in the 2nd quarter. Invesco Ltd. now owns 2,411,115 shares of the company’s stock worth $113,057,000 after purchasing an additional 61,768 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Invesco Total Return Bond ETF by 2.4% in the second quarter. Bank of New York Mellon Corp now owns 1,135,448 shares of the company’s stock valued at $53,241,000 after purchasing an additional 27,056 shares during the period. Bank of America Corp DE increased its stake in shares of Invesco Total Return Bond ETF by 45.7% in the second quarter. Bank of America Corp DE now owns 1,070,063 shares of the company’s stock valued at $50,175,000 after purchasing an additional 335,677 shares during the period. Finally, Brio Consultants LLC raised its holdings in shares of Invesco Total Return Bond ETF by 4.0% during the second quarter. Brio Consultants LLC now owns 1,013,133 shares of the company’s stock valued at $47,506,000 after buying an additional 38,774 shares during the last quarter.

Invesco Total Return Bond ETF Price Performance

Shares of GTO stock opened at $47.50 on Thursday. Invesco Total Return Bond ETF has a 12-month low of $45.46 and a 12-month high of $48.01. The business has a 50 day simple moving average of $47.62 and a 200 day simple moving average of $47.18.

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.