Invesco Ultra Short Duration ETF $GSY Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC trimmed its stake in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 10.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 233,876 shares of the company’s stock after selling 26,940 shares during the quarter. Private Advisor Group LLC’s holdings in Invesco Ultra Short Duration ETF were worth $11,749,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Royal Bank of Canada raised its position in shares of Invesco Ultra Short Duration ETF by 28.8% during the 1st quarter. Royal Bank of Canada now owns 57,917 shares of the company’s stock worth $2,903,000 after purchasing an additional 12,962 shares during the last quarter. AQR Capital Management LLC lifted its stake in Invesco Ultra Short Duration ETF by 75.6% in the 1st quarter. AQR Capital Management LLC now owns 9,249 shares of the company’s stock valued at $464,000 after buying an additional 3,982 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Invesco Ultra Short Duration ETF by 5.4% in the 1st quarter. NewEdge Advisors LLC now owns 19,587 shares of the company’s stock worth $982,000 after buying an additional 1,006 shares during the last quarter. Jane Street Group LLC acquired a new stake in Invesco Ultra Short Duration ETF in the 1st quarter worth about $355,000. Finally, AE Wealth Management LLC increased its stake in Invesco Ultra Short Duration ETF by 88.3% during the 2nd quarter. AE Wealth Management LLC now owns 625 shares of the company’s stock worth $31,000 after buying an additional 293 shares in the last quarter.

Invesco Ultra Short Duration ETF Price Performance

Shares of Invesco Ultra Short Duration ETF stock opened at $50.25 on Wednesday. The business has a 50 day simple moving average of $50.28 and a two-hundred day simple moving average of $50.27. Invesco Ultra Short Duration ETF has a 12 month low of $49.98 and a 12 month high of $50.39.

Invesco Ultra Short Duration ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were given a dividend of $0.1738 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Monday, February 23rd.

Invesco Ultra Short Duration ETF Company Profile

The Invesco Ultra Short Duration ETF (GSY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to outperform the Barclays Capital 1-3 Month U.S. Treasury Bill Index by investing in a diverse portfolio of investment-grade securities. GSY was launched on Feb 12, 2008 and is managed by Invesco.