Merit Financial Group LLC Grows Position in Invesco Total Return Bond ETF (NYSEARCA:GTO)

Merit Financial Group LLC raised its stake in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 0.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 158,213 shares of the company’s stock after purchasing an additional 1,452 shares during the quarter. Merit Financial Group LLC’s holdings in Invesco Total Return Bond ETF were worth $7,341,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. WealthCare Investment Partners LLC lifted its holdings in shares of Invesco Total Return Bond ETF by 4.5% during the third quarter. WealthCare Investment Partners LLC now owns 5,178 shares of the company’s stock worth $247,000 after purchasing an additional 222 shares during the period. HBW Advisory Services LLC lifted its stake in Invesco Total Return Bond ETF by 1.0% during the 4th quarter. HBW Advisory Services LLC now owns 21,824 shares of the company’s stock valued at $1,013,000 after acquiring an additional 225 shares during the period. HighTower Advisors LLC boosted its holdings in shares of Invesco Total Return Bond ETF by 1.5% in the 3rd quarter. HighTower Advisors LLC now owns 17,130 shares of the company’s stock valued at $831,000 after acquiring an additional 251 shares during the last quarter. First Heartland Consultants Inc. increased its stake in shares of Invesco Total Return Bond ETF by 4.3% in the third quarter. First Heartland Consultants Inc. now owns 12,893 shares of the company’s stock worth $623,000 after acquiring an additional 527 shares during the period. Finally, Concord Wealth Partners raised its holdings in shares of Invesco Total Return Bond ETF by 712.3% during the third quarter. Concord Wealth Partners now owns 861 shares of the company’s stock worth $42,000 after purchasing an additional 755 shares during the last quarter.

Invesco Total Return Bond ETF Stock Up 0.0 %

NYSEARCA:GTO opened at $46.42 on Friday. The firm’s fifty day moving average is $46.73 and its two-hundred day moving average is $47.30. Invesco Total Return Bond ETF has a one year low of $45.32 and a one year high of $48.79.

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.