Invesco Total Return Bond ETF $GTO is Howard Financial Services LTD.’s 8th Largest Position

Howard Financial Services LTD. boosted its position in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 4.0% in the second quarter, Holdings Channel.com reports. The firm owned 799,598 shares of the company’s stock after acquiring an additional 31,079 shares during the period. Invesco Total Return Bond ETF comprises approximately 3.7% of Howard Financial Services LTD.’s investment portfolio, making the stock its 8th largest position. Howard Financial Services LTD.’s holdings in Invesco Total Return Bond ETF were worth $37,477,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Acima Private Wealth LLC boosted its position in Invesco Total Return Bond ETF by 4.3% in the 2nd quarter. Acima Private Wealth LLC now owns 290,933 shares of the company’s stock valued at $13,636,000 after buying an additional 12,092 shares during the last quarter. Western Wealth Management LLC purchased a new stake in shares of Invesco Total Return Bond ETF during the first quarter worth about $604,000. Curry Webb Wealth Management LLC purchased a new stake in shares of Invesco Total Return Bond ETF during the first quarter worth about $6,296,000. NewEdge Advisors LLC lifted its stake in shares of Invesco Total Return Bond ETF by 9.8% in the first quarter. NewEdge Advisors LLC now owns 234,948 shares of the company’s stock worth $11,003,000 after acquiring an additional 20,913 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Invesco Total Return Bond ETF by 236.8% in the first quarter. Bank of America Corp DE now owns 3,812,087 shares of the company’s stock worth $178,520,000 after acquiring an additional 2,680,104 shares in the last quarter.

Invesco Total Return Bond ETF Price Performance

Shares of GTO opened at $46.34 on Wednesday. Invesco Total Return Bond ETF has a one year low of $45.88 and a one year high of $48.01. The stock has a 50-day moving average price of $46.65 and a 200 day moving average price of $47.02.

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.