Osaic Holdings Inc. Grows Stock Position in Invesco Ultra Short Duration ETF $GSY

Osaic Holdings Inc. raised its holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 47.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 723,610 shares of the company’s stock after purchasing an additional 232,130 shares during the period. Osaic Holdings Inc. owned 1.32% of Invesco Ultra Short Duration ETF worth $36,283,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. DAVENPORT & Co LLC lifted its stake in shares of Invesco Ultra Short Duration ETF by 19.4% during the 2nd quarter. DAVENPORT & Co LLC now owns 6,581 shares of the company’s stock worth $330,000 after purchasing an additional 1,067 shares during the period. Wagner Wealth Management LLC grew its position in shares of Invesco Ultra Short Duration ETF by 2.1% in the second quarter. Wagner Wealth Management LLC now owns 13,034 shares of the company’s stock valued at $654,000 after purchasing an additional 271 shares during the period. Patton Albertson Miller Group LLC grew its position in shares of Invesco Ultra Short Duration ETF by 7.1% in the second quarter. Patton Albertson Miller Group LLC now owns 9,557 shares of the company’s stock valued at $479,000 after purchasing an additional 635 shares during the period. Total Clarity Wealth Management Inc. increased its stake in Invesco Ultra Short Duration ETF by 63.9% in the second quarter. Total Clarity Wealth Management Inc. now owns 18,243 shares of the company’s stock valued at $915,000 after purchasing an additional 7,115 shares during the last quarter. Finally, Truist Financial Corp lifted its position in Invesco Ultra Short Duration ETF by 7.5% during the second quarter. Truist Financial Corp now owns 108,999 shares of the company’s stock worth $5,465,000 after buying an additional 7,626 shares during the period.

Invesco Ultra Short Duration ETF Price Performance

Shares of GSY stock opened at $50.34 on Wednesday. Invesco Ultra Short Duration ETF has a fifty-two week low of $49.98 and a fifty-two week high of $50.38. The firm’s 50 day moving average price is $50.28 and its two-hundred day moving average price is $50.23.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada upgraded Invesco Ultra Short Duration ETF to a “hold” rating in a report on Wednesday, October 1st.

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.