Verus Capital Partners LLC Buys 13,586 Shares of Invesco Total Return Bond ETF $GTO

Verus Capital Partners LLC raised its stake in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 4.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 288,478 shares of the company’s stock after acquiring an additional 13,586 shares during the period. Invesco Total Return Bond ETF makes up 1.0% of Verus Capital Partners LLC’s portfolio, making the stock its 16th largest holding. Verus Capital Partners LLC owned approximately 0.70% of Invesco Total Return Bond ETF worth $13,706,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in GTO. Dynamic Advisor Solutions LLC increased its stake in Invesco Total Return Bond ETF by 3.8% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 621,592 shares of the company’s stock worth $29,532,000 after acquiring an additional 22,827 shares during the last quarter. Baird Financial Group Inc. lifted its position in Invesco Total Return Bond ETF by 7.4% during the second quarter. Baird Financial Group Inc. now owns 643,497 shares of the company’s stock valued at $30,174,000 after purchasing an additional 44,312 shares during the last quarter. Asset Allocation Strategies LLC lifted its position in Invesco Total Return Bond ETF by 24.0% during the third quarter. Asset Allocation Strategies LLC now owns 158,661 shares of the company’s stock valued at $7,538,000 after purchasing an additional 30,735 shares during the last quarter. Ashton Thomas Securities LLC grew its stake in shares of Invesco Total Return Bond ETF by 56.3% in the 3rd quarter. Ashton Thomas Securities LLC now owns 160,314 shares of the company’s stock worth $7,621,000 after buying an additional 57,724 shares in the last quarter. Finally, BLVD Private Wealth LLC bought a new stake in shares of Invesco Total Return Bond ETF in the 2nd quarter worth about $796,000.

Invesco Total Return Bond ETF Price Performance

Shares of NYSEARCA GTO opened at $47.94 on Monday. Invesco Total Return Bond ETF has a 1-year low of $45.46 and a 1-year high of $48.01. The business’s 50 day moving average is $47.56 and its two-hundred day moving average is $47.51.

Invesco Total Return Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 23rd will be paid a dividend of $0.1797 per share. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Monday, February 23rd.

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.