Invesco Total Return Bond ETF (NYSEARCA:GTO) Reaches New 12-Month High at $47.48

Invesco Total Return Bond ETF (NYSEARCA:GTO)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $47.48 and last traded at $47.44, with a volume of 95597 shares. The stock had previously closed at $47.24.

Invesco Total Return Bond ETF Stock Performance

The firm’s 50 day moving average price is $46.69 and its two-hundred day moving average price is $46.51.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Strategy Asset Managers LLC acquired a new position in Invesco Total Return Bond ETF in the 2nd quarter valued at about $243,000. IFG Advisory LLC grew its stake in Invesco Total Return Bond ETF by 4.6% in the 2nd quarter. IFG Advisory LLC now owns 223,843 shares of the company’s stock valued at $10,377,000 after buying an additional 9,806 shares during the last quarter. Acima Private Wealth LLC grew its stake in Invesco Total Return Bond ETF by 1.3% in the 2nd quarter. Acima Private Wealth LLC now owns 248,756 shares of the company’s stock valued at $11,532,000 after buying an additional 3,285 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Invesco Total Return Bond ETF by 7.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 557,317 shares of the company’s stock valued at $25,837,000 after purchasing an additional 40,838 shares during the period. Finally, Gilliland Jeter Wealth Management LLC boosted its holdings in Invesco Total Return Bond ETF by 21.2% in the 2nd quarter. Gilliland Jeter Wealth Management LLC now owns 1,661 shares of the company’s stock valued at $77,000 after purchasing an additional 290 shares during the period.

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.