Invesco Total Return Bond ETF (NYSEARCA:GTO) Sees Large Volume Increase – Here’s What Happened

Invesco Total Return Bond ETF (NYSEARCA:GTO) shares saw unusually-strong trading volume on Wednesday . Approximately 383,275 shares changed hands during trading, an increase of 109% from the previous session’s volume of 183,169 shares.The stock last traded at $46.91 and had previously closed at $46.92.

Invesco Total Return Bond ETF Stock Up 0.0 %

The firm has a fifty day moving average price of $46.72 and a 200 day moving average price of $47.13.

Institutional Investors Weigh In On Invesco Total Return Bond ETF

Institutional investors have recently made changes to their positions in the stock. LPL Financial LLC lifted its position in shares of Invesco Total Return Bond ETF by 25.9% during the 3rd quarter. LPL Financial LLC now owns 2,887,779 shares of the company’s stock valued at $139,480,000 after acquiring an additional 593,167 shares during the period. Elios Financial Group Inc. acquired a new position in Invesco Total Return Bond ETF during the third quarter worth $932,000. Insight Wealth Partners LLC boosted its position in Invesco Total Return Bond ETF by 5.8% during the third quarter. Insight Wealth Partners LLC now owns 88,747 shares of the company’s stock worth $4,286,000 after purchasing an additional 4,892 shares in the last quarter. CreativeOne Wealth LLC acquired a new stake in Invesco Total Return Bond ETF in the third quarter valued at $550,000. Finally, Flow Traders U.S. LLC increased its position in shares of Invesco Total Return Bond ETF by 117.8% in the third quarter. Flow Traders U.S. LLC now owns 12,986 shares of the company’s stock valued at $627,000 after buying an additional 7,023 shares in the last quarter.

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.