Williams & Novak LLC Has $1.45 Million Position in Invesco Total Return Bond ETF (NYSEARCA:GTO)

Williams & Novak LLC cut its holdings in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 1.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,026 shares of the company’s stock after selling 509 shares during the period. Invesco Total Return Bond ETF makes up approximately 1.4% of Williams & Novak LLC’s portfolio, making the stock its 22nd biggest position. Williams & Novak LLC owned approximately 0.11% of Invesco Total Return Bond ETF worth $1,450,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in GTO. Financial Designs Corp acquired a new position in Invesco Total Return Bond ETF during the 1st quarter valued at about $6,943,000. Howard Financial Services LTD. raised its holdings in Invesco Total Return Bond ETF by 33.5% during the 2nd quarter. Howard Financial Services LTD. now owns 568,172 shares of the company’s stock valued at $26,340,000 after acquiring an additional 142,419 shares during the period. CWM LLC increased its holdings in shares of Invesco Total Return Bond ETF by 9.5% in the second quarter. CWM LLC now owns 1,022,715 shares of the company’s stock worth $47,413,000 after purchasing an additional 88,471 shares during the period. Envestnet Asset Management Inc. increased its stake in Invesco Total Return Bond ETF by 5.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 1,549,511 shares of the company’s stock valued at $73,199,000 after acquiring an additional 84,418 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in Invesco Total Return Bond ETF by 295.1% in the first quarter. Cetera Investment Advisers now owns 110,592 shares of the company’s stock valued at $5,177,000 after acquiring an additional 82,600 shares during the last quarter.

Invesco Total Return Bond ETF Stock Performance

NYSEARCA GTO opened at $47.69 on Tuesday. The company has a 50-day simple moving average of $48.06 and a two-hundred day simple moving average of $46.98. Invesco Total Return Bond ETF has a 12-month low of $43.27 and a 12-month high of $48.79.

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.