Invesco Total Return Bond ETF (NYSEARCA:GTO) Short Interest Update

Invesco Total Return Bond ETF (NYSEARCA:GTO) saw a large decrease in short interest in June. As of June 30th, there was short interest totaling 37,509 shares, a decrease of 80.3% from the June 15th total of 190,872 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 199,801 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Invesco Total Return Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GTO. Bank of America Corp DE raised its position in shares of Invesco Total Return Bond ETF by 236.8% in the 1st quarter. Bank of America Corp DE now owns 3,812,087 shares of the company’s stock valued at $178,520,000 after purchasing an additional 2,680,104 shares in the last quarter. Invesco Ltd. grew its position in Invesco Total Return Bond ETF by 67.2% in the 4th quarter. Invesco Ltd. now owns 4,181,308 shares of the company’s stock worth $198,278,000 after purchasing an additional 1,680,006 shares during the last quarter. Axxcess Wealth Management LLC grew its stake in shares of Invesco Total Return Bond ETF by 385.6% in the fourth quarter. Axxcess Wealth Management LLC now owns 449,070 shares of the company’s stock worth $21,295,000 after purchasing an additional 356,595 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Invesco Total Return Bond ETF by 16.8% in the 1st quarter. Bank of New York Mellon Corp now owns 1,331,112 shares of the company’s stock worth $62,336,000 after acquiring an additional 191,848 shares during the period. Finally, CWM LLC boosted its stake in Invesco Total Return Bond ETF by 8.5% during the 4th quarter. CWM LLC now owns 2,060,937 shares of the company’s stock valued at $97,730,000 after purchasing an additional 161,323 shares in the last quarter.

Invesco Total Return Bond ETF Price Performance

Shares of NYSEARCA:GTO traded down $0.14 during midday trading on Monday, reaching $46.44. The company’s stock had a trading volume of 160,622 shares, compared to its average volume of 260,083. The business has a 50 day moving average price of $46.80 and a 200 day moving average price of $47.17. Invesco Total Return Bond ETF has a 1 year low of $46.18 and a 1 year high of $48.01.

Invesco Total Return Bond ETF Company 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.