Raymond James Financial Services Advisors Inc. Sells 113,292 Shares of Invesco Total Return Bond ETF (NYSEARCA:GTO)

Raymond James Financial Services Advisors Inc. cut its stake in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 28.8% in the 1st quarter, Holdings Channel reports. The institutional investor owned 280,498 shares of the company’s stock after selling 113,292 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Invesco Total Return Bond ETF were worth $13,130,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. PNC Financial Services Group Inc. acquired a new position in shares of Invesco Total Return Bond ETF during the third quarter worth $60,000. CENTRAL TRUST Co acquired a new position in shares of Invesco Total Return Bond ETF during the fourth quarter worth $85,000. Aspire Private Capital LLC acquired a new position in shares of Invesco Total Return Bond ETF during the third quarter worth $146,000. Aspire Capital Advisors LLC acquired a new position in shares of Invesco Total Return Bond ETF during the fourth quarter worth $218,000. Finally, ICA Group Wealth Management LLC acquired a new position in shares of Invesco Total Return Bond ETF during the fourth quarter worth $234,000.

Invesco Total Return Bond ETF Stock Performance

NYSEARCA GTO traded up $0.27 on Friday, reaching $46.15. The company had a trading volume of 133,886 shares, compared to its average volume of 200,609. Invesco Total Return Bond ETF has a fifty-two week low of $43.27 and a fifty-two week high of $47.47. The business has a 50 day moving average of $46.30 and a two-hundred day moving average of $46.11.

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.