Fjell Capital LLC Takes $5.65 Million Position in Invesco Total Return Bond ETF (NYSEARCA:GTO)

Fjell Capital LLC purchased a new position in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 121,795 shares of the company’s stock, valued at approximately $5,651,000. Invesco Total Return Bond ETF makes up approximately 5.8% of Fjell Capital LLC’s holdings, making the stock its 2nd biggest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in GTO. HighTower Advisors LLC grew its holdings in Invesco Total Return Bond ETF by 1.5% during the 3rd quarter. HighTower Advisors LLC now owns 17,130 shares of the company’s stock worth $831,000 after acquiring an additional 251 shares in the last quarter. American Capital Advisory LLC lifted its position in shares of Invesco Total Return Bond ETF by 34.6% during the fourth quarter. American Capital Advisory LLC now owns 139,130 shares of the company’s stock worth $6,456,000 after purchasing an additional 35,767 shares during the last quarter. Fortitude Family Office LLC acquired a new position in Invesco Total Return Bond ETF in the fourth quarter worth about $38,000. RTD Financial Advisors Inc. increased its holdings in Invesco Total Return Bond ETF by 8.6% in the fourth quarter. RTD Financial Advisors Inc. now owns 849,587 shares of the company’s stock valued at $39,421,000 after buying an additional 67,346 shares during the last quarter. Finally, Orion Portfolio Solutions LLC increased its holdings in Invesco Total Return Bond ETF by 101.1% in the third quarter. Orion Portfolio Solutions LLC now owns 23,768 shares of the company’s stock valued at $1,148,000 after buying an additional 11,949 shares during the last quarter.

Invesco Total Return Bond ETF Stock Up 0.5 %

NYSEARCA:GTO opened at $47.06 on Wednesday. Invesco Total Return Bond ETF has a 52 week low of $45.32 and a 52 week high of $48.79. The business’s 50 day moving average is $46.49 and its two-hundred day moving average is $47.22.

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.