MFG Investments LLC Buys New Shares in Invesco Total Return Bond ETF $GTO

MFG Investments LLC bought a new stake in Invesco Total Return Bond ETF (NYSEARCA:GTO) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 41,372 shares of the company’s stock, valued at approximately $1,845,000. Invesco Total Return Bond ETF comprises approximately 2.1% of MFG Investments LLC’s holdings, making the stock its 15th largest position.

Other institutional investors and hedge funds also recently modified their holdings of the company. Gerber Kawasaki Wealth & Investment Management bought a new stake in Invesco Total Return Bond ETF during the third quarter worth $797,000. Signature Equity Partners LLC grew its stake in Invesco Total Return Bond ETF by 17.2% in the 3rd quarter. Signature Equity Partners LLC now owns 4,414 shares of the company’s stock valued at $197,000 after purchasing an additional 648 shares during the period. Kuhn & Co Investment Counsel bought a new position in Invesco Total Return Bond ETF in the 3rd quarter valued at $724,000. MGO One Seven LLC bought a new position in Invesco Total Return Bond ETF in the 3rd quarter valued at $475,000. Finally, Gilliland Jeter Wealth Management LLC bought a new position in Invesco Total Return Bond ETF in the 3rd quarter valued at $468,000.

Invesco Total Return Bond ETF Stock Down 0.1%

Shares of Invesco Total Return Bond ETF stock opened at $45.24 on Wednesday. Invesco Total Return Bond ETF has a 1 year low of $44.42 and a 1 year high of $47.98. The stock has a fifty day moving average price of $45.25 and a 200-day moving average price of $46.52.

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.