LPL Financial LLC Acquires 170,124 Shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

LPL Financial LLC boosted its holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 7.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,576,173 shares of the company’s stock after acquiring an additional 170,124 shares during the quarter. LPL Financial LLC owned 0.07% of Invesco Ultra Short Duration ETF worth $129,092,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GSY. Janney Montgomery Scott LLC increased its stake in shares of Invesco Ultra Short Duration ETF by 24.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 127,504 shares of the company’s stock valued at $6,389,000 after acquiring an additional 24,958 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Invesco Ultra Short Duration ETF by 1.3% in the third quarter. JPMorgan Chase & Co. now owns 1,327,178 shares of the company’s stock valued at $66,598,000 after purchasing an additional 17,507 shares in the last quarter. Stifel Financial Corp increased its stake in Invesco Ultra Short Duration ETF by 172.6% in the third quarter. Stifel Financial Corp now owns 117,836 shares of the company’s stock valued at $5,913,000 after purchasing an additional 74,608 shares in the last quarter. AdvisorNet Financial Inc acquired a new stake in Invesco Ultra Short Duration ETF in the fourth quarter worth $35,000. Finally, Steward Partners Investment Advisory LLC boosted its position in shares of Invesco Ultra Short Duration ETF by 163.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 24,753 shares of the company’s stock worth $1,240,000 after purchasing an additional 15,340 shares in the last quarter.

Invesco Ultra Short Duration ETF Stock Performance

GSY opened at $50.07 on Tuesday. Invesco Ultra Short Duration ETF has a 12 month low of $49.75 and a 12 month high of $50.37. The company has a fifty day simple moving average of $50.16 and a 200 day simple moving average of $50.16.

Invesco Ultra Short Duration ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be given a dividend of $0.1964 per share. The ex-dividend date is Monday, March 24th.

Invesco Ultra Short Duration ETF 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.