Good Life Advisors LLC Sells 140,823 Shares of Invesco Total Return Bond ETF (NYSEARCA:GTO)

Good Life Advisors LLC trimmed its position in Invesco Total Return Bond ETF (NYSEARCA:GTO) by 43.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 185,799 shares of the company’s stock after selling 140,823 shares during the period. Invesco Total Return Bond ETF comprises 0.6% of Good Life Advisors LLC’s investment portfolio, making the stock its 27th largest holding. Good Life Advisors LLC’s holdings in Invesco Total Return Bond ETF were worth $8,621,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of GTO. LPL Financial LLC boosted its holdings in Invesco Total Return Bond ETF by 25.9% in the third quarter. LPL Financial LLC now owns 2,887,779 shares of the company’s stock valued at $139,480,000 after acquiring an additional 593,167 shares during the last quarter. Brio Consultants LLC lifted its holdings in shares of Invesco Total Return Bond ETF by 6.1% during the 4th quarter. Brio Consultants LLC now owns 917,131 shares of the company’s stock valued at $42,555,000 after purchasing an additional 52,442 shares in the last quarter. RTD Financial Advisors Inc. lifted its holdings in shares of Invesco Total Return Bond ETF by 8.6% during the 4th quarter. RTD Financial Advisors Inc. now owns 849,587 shares of the company’s stock valued at $39,421,000 after purchasing an additional 67,346 shares in the last quarter. Tidemark LLC boosted its position in Invesco Total Return Bond ETF by 23.1% during the 3rd quarter. Tidemark LLC now owns 811,827 shares of the company’s stock worth $39,211,000 after acquiring an additional 152,152 shares during the last quarter. Finally, Howard Financial Services LTD. raised its stake in shares of Invesco Total Return Bond ETF by 7.2% during the 4th quarter. Howard Financial Services LTD. now owns 700,670 shares of the company’s stock worth $32,511,000 after purchasing an additional 47,279 shares in the last quarter.

Invesco Total Return Bond ETF Stock Performance

GTO opened at $46.66 on Wednesday. Invesco Total Return Bond ETF has a 1-year low of $45.32 and a 1-year high of $48.79. The stock’s fifty day simple moving average is $46.52 and its 200 day simple moving average is $47.26.

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.