Beacon Financial Planning Inc. Sells 15,147 Shares of Invesco Total Return Bond ETF (NYSEARCA:GTO)

Beacon Financial Planning Inc. lessened its position in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 5.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 241,635 shares of the company’s stock after selling 15,147 shares during the period. Invesco Total Return Bond ETF comprises 6.5% of Beacon Financial Planning Inc.’s portfolio, making the stock its 5th largest holding. Beacon Financial Planning Inc.’s holdings in Invesco Total Return Bond ETF were worth $11,212,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Cook Wealth LLC lifted its position in Invesco Total Return Bond ETF by 9.7% during the fourth quarter. Cook Wealth LLC now owns 54,141 shares of the company’s stock worth $2,506,000 after buying an additional 4,792 shares during the period. Journey Strategic Wealth LLC lifted its holdings in shares of Invesco Total Return Bond ETF by 18.6% during the 4th quarter. Journey Strategic Wealth LLC now owns 318,777 shares of the company’s stock worth $14,791,000 after acquiring an additional 49,927 shares during the period. Brio Consultants LLC boosted 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 acquiring an additional 52,442 shares during the last quarter. Concord Wealth Partners grew its holdings in Invesco Total Return Bond ETF by 76.0% in the fourth quarter. Concord Wealth Partners now owns 1,515 shares of the company’s stock valued at $70,000 after purchasing an additional 654 shares during the period. Finally, Total Clarity Wealth Management Inc. acquired a new position in Invesco Total Return Bond ETF during the fourth quarter worth approximately $3,461,000.

Invesco Total Return Bond ETF Stock Up 0.2 %

NYSEARCA:GTO opened at $46.60 on Wednesday. The firm’s 50 day moving average is $46.64 and its two-hundred day moving average is $47.27. Invesco Total Return Bond ETF has a fifty-two week low of $45.32 and a fifty-two week high of $48.79.

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.