Baird Financial Group Inc. Purchases 823 Shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Baird Financial Group Inc. boosted its position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 5.1% in the 4th quarter, HoldingsChannel reports. The firm owned 16,857 shares of the company’s stock after buying an additional 823 shares during the period. Baird Financial Group Inc.’s holdings in Invesco Ultra Short Duration ETF were worth $845,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Atria Wealth Solutions Inc. increased its position in Invesco Ultra Short Duration ETF by 112.6% in the 4th quarter. Atria Wealth Solutions Inc. now owns 784,425 shares of the company’s stock valued at $39,308,000 after acquiring an additional 415,527 shares in the last quarter. Independent Advisor Alliance increased its position in Invesco Ultra Short Duration ETF by 4,495.6% in the 4th quarter. Independent Advisor Alliance now owns 368,386 shares of the company’s stock valued at $18,460,000 after acquiring an additional 360,370 shares in the last quarter. Wells Fargo & Company MN increased its position in Invesco Ultra Short Duration ETF by 12.4% in the 4th quarter. Wells Fargo & Company MN now owns 2,698,881 shares of the company’s stock valued at $135,241,000 after acquiring an additional 297,335 shares in the last quarter. Capstone Wealth Management Group LLC acquired a new stake in Invesco Ultra Short Duration ETF in the 4th quarter valued at about $11,691,000. Finally, LPL Financial LLC increased its position in Invesco Ultra Short Duration ETF by 7.1% in the 4th quarter. LPL Financial LLC now owns 2,576,173 shares of the company’s stock valued at $129,092,000 after acquiring an additional 170,124 shares in the last quarter.

Invesco Ultra Short Duration ETF Stock Performance

GSY opened at $50.15 on Thursday. Invesco Ultra Short Duration ETF has a 1-year low of $49.79 and a 1-year high of $50.37. The firm has a 50-day moving average price of $50.12 and a two-hundred day moving average price of $50.13.

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.