Beacon Investment Advisory Services Inc. Purchases 47,297 Shares of Invesco Ultra Short Duration ETF $GSY

Beacon Investment Advisory Services Inc. boosted its position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 67.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 117,880 shares of the company’s stock after purchasing an additional 47,297 shares during the period. Beacon Investment Advisory Services Inc. owned about 0.18% of Invesco Ultra Short Duration ETF worth $5,923,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Collier Financial bought a new position in shares of Invesco Ultra Short Duration ETF in the 3rd quarter worth approximately $27,000. Rossby Financial LCC bought a new stake in Invesco Ultra Short Duration ETF during the third quarter valued at approximately $31,000. Newbridge Financial Services Group Inc. grew its position in Invesco Ultra Short Duration ETF by 206.6% during the second quarter. Newbridge Financial Services Group Inc. now owns 1,015 shares of the company’s stock valued at $51,000 after buying an additional 684 shares during the period. Sound Income Strategies LLC purchased a new stake in Invesco Ultra Short Duration ETF during the third quarter valued at approximately $97,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in Invesco Ultra Short Duration ETF during the third quarter valued at approximately $138,000.

Invesco Ultra Short Duration ETF Stock Performance

GSY opened at $50.09 on Monday. The firm’s 50 day simple moving average is $50.25 and its two-hundred day simple moving average is $50.27. Invesco Ultra Short Duration ETF has a 1-year low of $49.98 and a 1-year high of $50.39.

Invesco Ultra Short Duration ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were paid a $0.1738 dividend. 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.