Richmond Investment Services LLC Has $16.83 Million Position in Invesco Total Return Bond ETF $GTO

Richmond Investment Services LLC raised its holdings in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 4.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 359,478 shares of the company’s stock after purchasing an additional 14,422 shares during the period. Invesco Total Return Bond ETF accounts for about 2.7% of Richmond Investment Services LLC’s holdings, making the stock its 7th biggest position. Richmond Investment Services LLC’s holdings in Invesco Total Return Bond ETF were worth $16,834,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. American Capital Advisory LLC grew its holdings in shares of Invesco Total Return Bond ETF by 45.1% during the first quarter. American Capital Advisory LLC now owns 392,050 shares of the company’s stock worth $18,360,000 after purchasing an additional 121,863 shares in the last quarter. Bogart Wealth LLC lifted its position in Invesco Total Return Bond ETF by 12.3% during the first quarter. Bogart Wealth LLC now owns 9,712 shares of the company’s stock valued at $455,000 after purchasing an additional 1,060 shares during the last quarter. World Investment Advisors lifted its position in Invesco Total Return Bond ETF by 8.3% during the first quarter. World Investment Advisors now owns 306,158 shares of the company’s stock valued at $14,337,000 after purchasing an additional 23,395 shares during the last quarter. USAdvisors Wealth Management LLC grew its stake in Invesco Total Return Bond ETF by 5.5% in the 1st quarter. USAdvisors Wealth Management LLC now owns 130,196 shares of the company’s stock worth $6,078,000 after buying an additional 6,810 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in shares of Invesco Total Return Bond ETF by 11.0% in the 1st quarter. Private Advisor Group LLC now owns 1,265,076 shares of the company’s stock worth $59,244,000 after buying an additional 125,255 shares during the last quarter.

Invesco Total Return Bond ETF Trading Down 0.4%

Shares of Invesco Total Return Bond ETF stock opened at $46.65 on Wednesday. Invesco Total Return Bond ETF has a 12 month low of $46.18 and a 12 month high of $48.01. The business’s 50-day moving average price is $46.83 and its 200-day moving average price is $47.19.

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.