Invesco Total Return Bond ETF (NYSEARCA:GTO) Sets New 52-Week High at $48.56

Shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $48.56 and last traded at $48.56, with a volume of 45150 shares changing hands. The stock had previously closed at $48.46.

Invesco Total Return Bond ETF Trading Down 0.1 %

The stock has a fifty day moving average of $47.47 and a 200 day moving average of $46.75.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GTO. RFG Advisory LLC lifted its position in shares of Invesco Total Return Bond ETF by 0.9% during the 1st quarter. RFG Advisory LLC now owns 26,739 shares of the company’s stock valued at $1,252,000 after buying an additional 236 shares during the last quarter. Gilliland Jeter Wealth Management LLC boosted its position in Invesco Total Return Bond ETF by 21.2% during the second quarter. Gilliland Jeter Wealth Management LLC now owns 1,661 shares of the company’s stock worth $77,000 after purchasing an additional 290 shares during the period. Cooper Financial Group increased its stake in shares of Invesco Total Return Bond ETF by 1.2% in the first quarter. Cooper Financial Group now owns 46,831 shares of the company’s stock worth $2,192,000 after purchasing an additional 571 shares in the last quarter. BNP Paribas Financial Markets bought a new stake in shares of Invesco Total Return Bond ETF in the first quarter valued at approximately $30,000. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Invesco Total Return Bond ETF by 1.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 62,300 shares of the company’s stock valued at $2,916,000 after buying an additional 698 shares in the last quarter.

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.