Dynamic Advisor Solutions LLC Decreases Holdings in Invesco Total Return Bond ETF $GTO

Dynamic Advisor Solutions LLC cut its stake in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 4.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 592,704 shares of the company’s stock after selling 28,888 shares during the period. Invesco Total Return Bond ETF accounts for about 0.9% of Dynamic Advisor Solutions LLC’s portfolio, making the stock its 22nd biggest position. Dynamic Advisor Solutions LLC owned about 1.39% of Invesco Total Return Bond ETF worth $28,106,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in GTO. Bank of America Corp DE raised its holdings 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 worth $50,175,000 after buying an additional 335,677 shares during the period. Richmond Investment Services LLC raised its holdings in shares of Invesco Total Return Bond ETF by 752.2% in the second quarter. Richmond Investment Services LLC now owns 236,542 shares of the company’s stock valued at $11,091,000 after acquiring an additional 208,785 shares in the last quarter. CWM LLC raised its holdings in shares of Invesco Total Return Bond ETF by 11.8% in the 3rd quarter. CWM LLC now owns 1,899,614 shares of the company’s stock valued at $90,251,000 after purchasing an additional 200,273 shares in the last quarter. Signal Advisors Wealth LLC bought a new position in Invesco Total Return Bond ETF in the third quarter worth approximately $6,753,000. Finally, Cooper Financial Group lifted its stake in shares of Invesco Total Return Bond ETF by 221.3% during the 4th quarter. Cooper Financial Group now owns 178,147 shares of the company’s stock worth $8,448,000 after purchasing an additional 122,699 shares during the last quarter.

Invesco Total Return Bond ETF Price Performance

GTO stock opened at $46.76 on Monday. Invesco Total Return Bond ETF has a one year low of $45.46 and a one year high of $48.01. The firm has a 50-day simple moving average of $47.55 and a two-hundred day simple moving average of $47.58.

Invesco Total Return Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were issued a dividend of $0.1797 per share. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Monday, February 23rd.

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.