HighTower Advisors LLC Purchases 1,161 Shares of Invesco Total Return Bond ETF (NYSEARCA:GTO)

HighTower Advisors LLC raised its holdings in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 6.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,291 shares of the company’s stock after acquiring an additional 1,161 shares during the period. HighTower Advisors LLC owned approximately 0.07% of Invesco Total Return Bond ETF worth $849,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of GTO. Independent Advisor Alliance bought a new position in shares of Invesco Total Return Bond ETF in the fourth quarter worth approximately $23,544,000. Jones Financial Companies Lllp lifted its holdings in shares of Invesco Total Return Bond ETF by 69.1% during the fourth quarter. Jones Financial Companies Lllp now owns 154,425 shares of the company’s stock valued at $7,165,000 after purchasing an additional 63,094 shares during the last quarter. Acima Private Wealth LLC raised its stake in Invesco Total Return Bond ETF by 9.3% during the fourth quarter. Acima Private Wealth LLC now owns 280,422 shares of the company’s stock valued at $13,012,000 after buying an additional 23,810 shares during the last quarter. Verus Capital Partners LLC boosted its stake in Invesco Total Return Bond ETF by 4.6% in the 4th quarter. Verus Capital Partners LLC now owns 401,356 shares of the company’s stock worth $18,623,000 after purchasing an additional 17,628 shares in the last quarter. Finally, Fjell Capital LLC bought a new position in shares of Invesco Total Return Bond ETF in the fourth quarter worth approximately $5,651,000.

Invesco Total Return Bond ETF Price Performance

Shares of NYSEARCA:GTO opened at $46.60 on Friday. The stock’s 50-day simple moving average is $46.78 and its two-hundred day simple moving average is $47.08. Invesco Total Return Bond ETF has a 52-week low of $45.32 and a 52-week high of $48.79.

Invesco Total Return Bond ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be paid a $0.1882 dividend. The ex-dividend date is Monday, March 24th. This is a positive change from Invesco Total Return Bond ETF’s previous dividend of $0.18.

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.