Concurrent Investment Advisors LLC Has $4.79 Million Stock Position in Invesco Total Return Bond ETF $GTO

Concurrent Investment Advisors LLC increased its stake in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 49.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 100,909 shares of the company’s stock after acquiring an additional 33,319 shares during the quarter. Concurrent Investment Advisors LLC owned about 0.23% of Invesco Total Return Bond ETF worth $4,785,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. True Wealth Design LLC acquired a new position in shares of Invesco Total Return Bond ETF in the third quarter worth approximately $29,000. TD Private Client Wealth LLC bought a new stake in Invesco Total Return Bond ETF in the third quarter worth approximately $77,000. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco Total Return Bond ETF by 1,365.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,832 shares of the company’s stock worth $87,000 after purchasing an additional 1,707 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new stake in Invesco Total Return Bond ETF in the third quarter worth approximately $112,000. Finally, Montag A & Associates Inc. bought a new stake in Invesco Total Return Bond ETF in the third quarter worth approximately $137,000.

Invesco Total Return Bond ETF Stock Performance

Shares of GTO stock opened at $47.08 on Monday. The stock has a 50 day simple moving average of $47.27 and a two-hundred day simple moving average of $47.47. Invesco Total Return Bond ETF has a fifty-two week low of $45.65 and a fifty-two week high of $48.01.

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.