KWB Wealth Sells 507,217 Shares of Invesco Total Return Bond ETF $GTO

KWB Wealth cut its position in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 66.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 250,768 shares of the company’s stock after selling 507,217 shares during the quarter. Invesco Total Return Bond ETF accounts for about 1.1% of KWB Wealth’s portfolio, making the stock its 26th largest holding. KWB Wealth owned about 0.59% of Invesco Total Return Bond ETF worth $11,891,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. True Wealth Design LLC bought a new position in Invesco Total Return Bond ETF in the third quarter valued at approximately $29,000. TD Private Client Wealth LLC bought a new stake in Invesco Total Return Bond ETF during the third quarter worth $77,000. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco Total Return Bond ETF by 1,365.6% during 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 during the last quarter. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Invesco Total Return Bond ETF in the 3rd quarter valued at $112,000. Finally, Montag A & Associates Inc. acquired a new stake in shares of Invesco Total Return Bond ETF in the 3rd quarter valued at $137,000.

Invesco Total Return Bond ETF Trading Down 0.0%

Shares of GTO opened at $46.74 on Tuesday. Invesco Total Return Bond ETF has a 52-week low of $45.46 and a 52-week high of $48.01. The business’s fifty day moving average is $47.53 and its 200-day moving average is $47.57.

Invesco Total Return Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were given a $0.1797 dividend. This represents a c) dividend on an annualized basis and a 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.