Envestnet Asset Management Inc. Has $123.98 Million Position in Invesco Total Return Bond ETF (NYSEARCA:GTO)

Envestnet Asset Management Inc. lifted its holdings in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 6.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,671,997 shares of the company’s stock after buying an additional 162,567 shares during the period. Envestnet Asset Management Inc. owned about 9.65% of Invesco Total Return Bond ETF worth $123,981,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of GTO. LPL Financial LLC lifted its stake in Invesco Total Return Bond ETF by 10.8% in the 4th quarter. LPL Financial LLC now owns 3,200,175 shares of the company’s stock worth $148,488,000 after acquiring an additional 312,396 shares in the last quarter. Brio Consultants LLC lifted its position in shares of Invesco Total Return Bond ETF by 6.1% in the fourth quarter. Brio Consultants LLC now owns 917,131 shares of the company’s stock worth $42,555,000 after purchasing an additional 52,442 shares in the last quarter. RTD Financial Advisors Inc. boosted its holdings in shares of Invesco Total Return Bond ETF by 8.6% during the fourth quarter. RTD Financial Advisors Inc. now owns 849,587 shares of the company’s stock worth $39,421,000 after purchasing an additional 67,346 shares during the period. Howard Financial Services LTD. grew its position in Invesco Total Return Bond ETF by 7.2% during the fourth quarter. Howard Financial Services LTD. now owns 700,670 shares of the company’s stock valued at $32,511,000 after purchasing an additional 47,279 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position 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 purchasing an additional 37,435 shares in the last quarter.

Invesco Total Return Bond ETF Trading Down 1.4 %

GTO stock opened at $46.53 on Tuesday. The company has a 50 day moving average of $46.86 and a two-hundred day moving average of $46.98. Invesco Total Return Bond ETF has a 12-month low of $45.32 and a 12-month high of $48.79.

Invesco Total Return Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.1882 per share. This is a positive change from Invesco Total Return Bond ETF’s previous dividend of $0.18. The ex-dividend date was Monday, March 24th.

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.