Mechanics Bank Trust Department Sells 9,921 Shares of Invesco Total Return Bond ETF (NYSEARCA:GTO)

Mechanics Bank Trust Department lessened its holdings in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 11.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 76,698 shares of the company’s stock after selling 9,921 shares during the period. Mechanics Bank Trust Department owned about 0.28% of Invesco Total Return Bond ETF worth $3,559,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GTO. LPL Financial LLC grew its stake in Invesco Total Return Bond ETF by 25.9% in the third quarter. LPL Financial LLC now owns 2,887,779 shares of the company’s stock valued at $139,480,000 after purchasing an additional 593,167 shares during the last quarter. CWM LLC raised its stake in shares of Invesco Total Return Bond ETF by 42.9% during the 3rd quarter. CWM LLC now owns 1,461,419 shares of the company’s stock worth $70,587,000 after acquiring an additional 438,704 shares in the last quarter. Tidemark LLC lifted its position 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 valued at $39,211,000 after acquiring an additional 152,152 shares during the last quarter. KWB Wealth boosted its stake in Invesco Total Return Bond ETF by 3.8% in the third quarter. KWB Wealth now owns 794,938 shares of the company’s stock valued at $36,853,000 after acquiring an additional 29,341 shares in the last quarter. Finally, RTD Financial Advisors Inc. lifted its holdings in shares of Invesco Total Return Bond ETF by 4.5% during the 3rd quarter. RTD Financial Advisors Inc. now owns 782,241 shares of the company’s stock valued at $37,782,000 after purchasing an additional 33,376 shares during the last quarter.

Invesco Total Return Bond ETF Price Performance

Invesco Total Return Bond ETF stock opened at $46.42 on Monday. The business has a fifty day moving average price of $46.73 and a 200-day moving average price of $47.30. Invesco Total Return Bond ETF has a 1-year low of $45.32 and a 1-year high of $48.79.

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.