Invesco Total Return Bond ETF (NYSEARCA:GTO) Reaches New 52-Week High at $48.15

Invesco Total Return Bond ETF (NYSEARCA:GTO)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $48.15 and last traded at $48.12, with a volume of 16421 shares changing hands. The stock had previously closed at $47.98.

Invesco Total Return Bond ETF Stock Performance

The firm has a fifty day simple moving average of $47.34 and a 200-day simple moving average of $46.70.

Hedge Funds Weigh In On Invesco Total Return Bond ETF

Several institutional investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets acquired a new stake in Invesco Total Return Bond ETF in the first quarter worth $30,000. Capital Investment Advisory Services LLC acquired a new stake in Invesco Total Return Bond ETF in the 1st quarter valued at approximately $54,000. Gilliland Jeter Wealth Management LLC boosted its position in Invesco Total Return Bond ETF by 21.2% during the 2nd quarter. Gilliland Jeter Wealth Management LLC now owns 1,661 shares of the company’s stock worth $77,000 after acquiring an additional 290 shares during the period. Flynn Zito Capital Management LLC acquired a new position in shares of Invesco Total Return Bond ETF during the first quarter valued at $205,000. Finally, ICA Group Wealth Management LLC acquired a new stake in Invesco Total Return Bond ETF in the fourth quarter worth about $234,000.

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.