Assetmark Inc. Decreases Stock Position in Invesco Total Return Bond ETF (NYSEARCA:GTO)

Assetmark Inc. trimmed its holdings in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 25.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,368 shares of the company’s stock after selling 3,261 shares during the quarter. Assetmark Inc.’s holdings in Invesco Total Return Bond ETF were worth $452,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in GTO. CWM LLC boosted its stake in shares of Invesco Total Return Bond ETF by 42.9% during the third quarter. CWM LLC now owns 1,461,419 shares of the company’s stock valued at $70,587,000 after purchasing an additional 438,704 shares in the last quarter. KWB Wealth grew its position in shares of Invesco Total Return Bond ETF by 3.8% in the third quarter. KWB Wealth now owns 794,938 shares of the company’s stock valued at $36,853,000 after purchasing an additional 29,341 shares during the period. RTD Financial Advisors Inc. grew its position in shares of Invesco Total Return Bond ETF by 4.5% in the third quarter. RTD Financial Advisors Inc. now owns 782,241 shares of the company’s stock valued at $37,782,000 after purchasing an additional 33,376 shares during the period. Howard Financial Services LTD. lifted its stake in shares of Invesco Total Return Bond ETF by 15.0% in the third quarter. Howard Financial Services LTD. now owns 653,391 shares of the company’s stock worth $31,559,000 after buying an additional 85,219 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of Invesco Total Return Bond ETF by 7.9% in the second quarter. Bank of New York Mellon Corp now owns 557,317 shares of the company’s stock worth $25,837,000 after buying an additional 40,838 shares in the last quarter.

Invesco Total Return Bond ETF Price Performance

Invesco Total Return Bond ETF stock opened at $46.81 on Friday. The company’s 50 day simple moving average is $47.70 and its 200-day simple moving average is $47.19. Invesco Total Return Bond ETF has a 1 year low of $45.00 and a 1 year high of $48.79.

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.