Harbour Investments Inc. Trims Holdings in Invesco Total Return Bond ETF (NYSEARCA:GTO)

Harbour Investments Inc. reduced its holdings in shares of Invesco Total Return Bond ETF (NYSEARCA:GTO) by 57.8% in the fourth quarter, HoldingsChannel reports. The fund owned 608 shares of the company’s stock after selling 833 shares during the period. Harbour Investments Inc.’s holdings in Invesco Total Return Bond ETF were worth $28,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Elios Financial Group Inc. purchased a new position in shares of Invesco Total Return Bond ETF during the third quarter valued at approximately $932,000. Insight Wealth Partners LLC increased its position in Invesco Total Return Bond ETF by 5.8% during the 3rd quarter. Insight Wealth Partners LLC now owns 88,747 shares of the company’s stock valued at $4,286,000 after buying an additional 4,892 shares in the last quarter. CreativeOne Wealth LLC purchased a new position in Invesco Total Return Bond ETF during the third quarter valued at $550,000. Flow Traders U.S. LLC boosted its holdings in Invesco Total Return Bond ETF by 117.8% in the third quarter. Flow Traders U.S. LLC now owns 12,986 shares of the company’s stock worth $627,000 after acquiring an additional 7,023 shares in the last quarter. Finally, Hilltop Holdings Inc. bought a new stake in Invesco Total Return Bond ETF in the third quarter worth $510,000.

Invesco Total Return Bond ETF Stock Performance

Shares of NYSEARCA:GTO opened at $46.74 on Tuesday. The business has a fifty day moving average price of $46.76 and a 200-day moving average price of $47.10. Invesco Total Return Bond ETF has a 1-year low of $45.32 and a 1-year high of $48.79.

Invesco Total Return Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a $0.1882 dividend. The ex-dividend date is Monday, March 24th. This is a boost from Invesco Total Return Bond ETF’s previous dividend of $0.18.

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.