Invesco Ultra Short Duration ETF $GSY Position Raised by Capital Asset Advisory Services LLC

Capital Asset Advisory Services LLC increased its position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 49.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,249,389 shares of the company’s stock after acquiring an additional 416,003 shares during the period. Invesco Ultra Short Duration ETF makes up about 2.5% of Capital Asset Advisory Services LLC’s portfolio, making the stock its 7th biggest holding. Capital Asset Advisory Services LLC owned about 1.85% of Invesco Ultra Short Duration ETF worth $62,832,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GSY. Capstone Wealth Management Group LLC purchased a new position in shares of Invesco Ultra Short Duration ETF in the third quarter worth about $10,105,000. Intrua Financial LLC purchased a new stake in Invesco Ultra Short Duration ETF in the third quarter valued at approximately $724,000. Bright Futures Wealth Management LLC. purchased a new stake in Invesco Ultra Short Duration ETF in the third quarter valued at approximately $549,000. B. Riley Wealth Advisors Inc. acquired a new position in Invesco Ultra Short Duration ETF in the 2nd quarter worth approximately $769,000. Finally, Advisory Services Network LLC raised its position in Invesco Ultra Short Duration ETF by 465.5% during the 2nd quarter. Advisory Services Network LLC now owns 104,518 shares of the company’s stock worth $5,241,000 after buying an additional 86,037 shares during the last quarter.

Invesco Ultra Short Duration ETF Stock Performance

Shares of NYSEARCA GSY opened at $50.10 on Tuesday. The company has a 50 day simple moving average of $50.27 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 firm also recently announced 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. The ex-dividend date was Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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.