Tennessee Valley Asset Management Partners Acquires New Position in Invesco Total Return Bond ETF $GTO

Tennessee Valley Asset Management Partners acquired a new stake in Invesco Total Return Bond ETF (NYSEARCA:GTO) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 356,931 shares of the company’s stock, valued at approximately $15,916,000. Invesco Total Return Bond ETF comprises about 1.7% of Tennessee Valley Asset Management Partners’ investment portfolio, making the stock its 11th biggest position. Tennessee Valley Asset Management Partners owned about 0.63% of Invesco Total Return Bond ETF as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE grew its position in Invesco Total Return Bond ETF by 236.8% during the 1st quarter. Bank of America Corp DE now owns 3,812,087 shares of the company’s stock worth $178,520,000 after purchasing an additional 2,680,104 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Invesco Total Return Bond ETF by 32.9% in the second quarter. Envestnet Asset Management Inc. now owns 4,368,117 shares of the company’s stock worth $189,967,000 after buying an additional 1,081,673 shares during the last quarter. RTD Financial Advisors Inc. acquired a new stake in shares of Invesco Total Return Bond ETF during the third quarter worth $40,547,000. Brookstone Capital Management acquired a new stake in shares of Invesco Total Return Bond ETF during the third quarter worth $24,412,000. Finally, Commonwealth Financial Services LLC acquired a new stake in shares of Invesco Total Return Bond ETF during the third quarter worth $22,180,000.

Invesco Total Return Bond ETF Price Performance

Shares of GTO traded down $0.01 during trading hours on Friday, reaching $45.48. 1,066,066 shares of the company traded hands, compared to its average volume of 284,266. Invesco Total Return Bond ETF has a 12-month low of $44.42 and a 12-month high of $47.98. The business has a fifty day moving average price of $45.20 and a 200-day moving average price of $46.49.

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.