Invesco Total Return Bond ETF (NYSEARCA:GTO) is Landmark Wealth Management Inc.’s Largest Position

Landmark Wealth Management Inc. lessened its stake in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 7.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 542,330 shares of the company’s stock after selling 42,956 shares during the quarter. Invesco Total Return Bond ETF accounts for approximately 12.3% of Landmark Wealth Management Inc.’s portfolio, making the stock its biggest position. Landmark Wealth Management Inc.’s holdings in Invesco Total Return Bond ETF were worth $25,164,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC lifted its stake in Invesco Total Return Bond ETF by 25.9% during the third quarter. LPL Financial LLC now owns 2,887,779 shares of the company’s stock worth $139,480,000 after purchasing an additional 593,167 shares during the last quarter. CWM LLC lifted its stake in Invesco Total Return Bond ETF by 42.9% during the third quarter. CWM LLC now owns 1,461,419 shares of the company’s stock worth $70,587,000 after purchasing an additional 438,704 shares during the last quarter. Brio Consultants LLC lifted its stake in Invesco Total Return Bond ETF by 6.1% during the fourth quarter. Brio Consultants LLC now owns 917,131 shares of the company’s stock worth $42,555,000 after purchasing an additional 52,442 shares during the last quarter. RTD Financial Advisors Inc. lifted its stake in Invesco Total Return Bond ETF by 8.6% during the fourth quarter. RTD Financial Advisors Inc. now owns 849,587 shares of the company’s stock worth $39,421,000 after purchasing an additional 67,346 shares during the last quarter. Finally, Tidemark LLC lifted its stake in Invesco Total Return Bond ETF by 23.1% during the third quarter. Tidemark LLC now owns 811,827 shares of the company’s stock worth $39,211,000 after purchasing an additional 152,152 shares during the last quarter.

Invesco Total Return Bond ETF Stock Performance

GTO stock opened at $46.83 on Friday. The business has a 50 day moving average price of $46.63 and a 200 day moving average price of $47.26. Invesco Total Return Bond ETF has a fifty-two week low of $45.32 and a fifty-two week high of $48.79.

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.