Spire Wealth Management Sells 21,400 Shares of Invesco Total Return Bond ETF (NYSEARCA:GTO)

Spire Wealth Management reduced its stake in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 3.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 567,500 shares of the company’s stock after selling 21,400 shares during the period. Invesco Total Return Bond ETF accounts for approximately 0.9% of Spire Wealth Management’s investment portfolio, making the stock its 16th biggest position. Spire Wealth Management owned approximately 2.66% of Invesco Total Return Bond ETF worth $26,532,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GTO. PNC Financial Services Group Inc. acquired a new stake in Invesco Total Return Bond ETF during the 3rd quarter worth about $60,000. CENTRAL TRUST Co bought a new stake in Invesco Total Return Bond ETF in the fourth quarter worth approximately $85,000. Aspire Private Capital LLC bought a new stake in Invesco Total Return Bond ETF in the third quarter worth approximately $146,000. Aspire Capital Advisors LLC acquired a new position in Invesco Total Return Bond ETF in the fourth quarter valued at approximately $218,000. Finally, Assetmark Inc. boosted its holdings in shares of Invesco Total Return Bond ETF by 58.9% during the 3rd quarter. Assetmark Inc. now owns 5,800 shares of the company’s stock worth $259,000 after buying an additional 2,149 shares in the last quarter.

Invesco Total Return Bond ETF Stock Up 0.6 %

Shares of Invesco Total Return Bond ETF stock traded up $0.27 during trading on Friday, reaching $46.15. 133,886 shares of the company traded hands, compared to its average volume of 200,609. The company has a 50 day moving average price of $46.30 and a 200-day moving average price of $46.12. Invesco Total Return Bond ETF has a 1-year low of $43.27 and a 1-year high of $47.47.

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.