Concurrent Investment Advisors LLC Has $2 Million Stake in Invesco Total Return Bond ETF (NYSEARCA:GTO)

Concurrent Investment Advisors LLC increased its stake in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 35.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 43,195 shares of the company’s stock after purchasing an additional 11,351 shares during the period. Concurrent Investment Advisors LLC’s holdings in Invesco Total Return Bond ETF were worth $2,004,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in GTO. Foundations Investment Advisors LLC acquired a new position in shares of Invesco Total Return Bond ETF during the 3rd quarter valued at about $368,000. Bogart Wealth LLC acquired a new position in shares of Invesco Total Return Bond ETF during the 3rd quarter valued at about $58,000. Silver Oak Securities Incorporated acquired a new stake in Invesco Total Return Bond ETF in the 3rd quarter valued at approximately $603,000. Arkadios Wealth Advisors acquired a new stake in Invesco Total Return Bond ETF in the 3rd quarter valued at approximately $664,000. Finally, Concord Wealth Partners grew its holdings in Invesco Total Return Bond ETF by 712.3% in the 3rd quarter. Concord Wealth Partners now owns 861 shares of the company’s stock valued at $42,000 after buying an additional 755 shares during the last quarter.

Invesco Total Return Bond ETF Stock Up 0.3 %

GTO opened at $46.90 on Friday. The stock’s 50 day moving average price is $46.49 and its two-hundred day moving average price is $47.23. Invesco Total Return Bond ETF has a 12-month low of $45.32 and a 12-month high of $48.79.

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.