Axxcess Wealth Management LLC Boosts Holdings in Invesco Total Return Bond ETF $GTO

Axxcess Wealth Management LLC grew its position in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 17.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 92,475 shares of the company’s stock after buying an additional 13,468 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Invesco Total Return Bond ETF were worth $4,393,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. True Wealth Design LLC acquired a new position in shares of Invesco Total Return Bond ETF during the third quarter worth about $29,000. Harbour Investments Inc. boosted its holdings in Invesco Total Return Bond ETF by 49.7% in the 2nd quarter. Harbour Investments Inc. now owns 1,352 shares of the company’s stock valued at $63,000 after purchasing an additional 449 shares in the last quarter. TD Private Client Wealth LLC acquired a new position in Invesco Total Return Bond ETF during the 3rd quarter worth approximately $77,000. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of Invesco Total Return Bond ETF during the 2nd quarter worth approximately $142,000. Finally, CoreCap Advisors LLC lifted its holdings in shares of Invesco Total Return Bond ETF by 19.5% in the 3rd quarter. CoreCap Advisors LLC now owns 3,710 shares of the company’s stock valued at $176,000 after buying an additional 605 shares during the period.

Invesco Total Return Bond ETF Stock Performance

Invesco Total Return Bond ETF stock opened at $47.90 on Thursday. The stock’s 50 day moving average price is $47.54 and its 200 day moving average price is $47.49. Invesco Total Return Bond ETF has a 1-year low of $45.46 and a 1-year high of $48.01.

Invesco Total Return Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were paid a dividend of $0.1835 per share. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

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.