Ausdal Financial Partners Inc. Sells 233 Shares of Invesco Total Return Bond ETF (NYSEARCA:GTO)

Ausdal Financial Partners Inc. reduced its position in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 3.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,848 shares of the company’s stock after selling 233 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Invesco Total Return Bond ETF were worth $271,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC raised its holdings in shares of Invesco Total Return Bond ETF by 15.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 67,213 shares of the company’s stock valued at $3,119,000 after purchasing an additional 9,078 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Invesco Total Return Bond ETF by 6.4% during the fourth quarter. Bank of New York Mellon Corp now owns 626,848 shares of the company’s stock valued at $29,086,000 after buying an additional 37,435 shares during the period. HighTower Advisors LLC raised its stake in Invesco Total Return Bond ETF by 1.5% in the third quarter. HighTower Advisors LLC now owns 17,130 shares of the company’s stock worth $831,000 after buying an additional 251 shares in the last quarter. American Capital Advisory LLC lifted its holdings in Invesco Total Return Bond ETF by 34.6% during the fourth quarter. American Capital Advisory LLC now owns 139,130 shares of the company’s stock worth $6,456,000 after buying an additional 35,767 shares during the period. Finally, Fortitude Family Office LLC bought a new stake in Invesco Total Return Bond ETF during the 4th quarter valued at $38,000.

Invesco Total Return Bond ETF Price Performance

GTO opened at $46.80 on Friday. Invesco Total Return Bond ETF has a 12 month low of $45.32 and a 12 month high of $48.79. The stock has a fifty day moving average price of $46.79 and a 200-day moving average price of $47.07.

Invesco Total Return Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a $0.1882 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is an increase 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.