Wells Fargo & Company MN Has $135.24 Million Position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Wells Fargo & Company MN raised its holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 12.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,698,881 shares of the company’s stock after purchasing an additional 297,335 shares during the period. Wells Fargo & Company MN owned approximately 0.07% of Invesco Ultra Short Duration ETF worth $135,241,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Atria Wealth Solutions Inc. boosted its stake 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 buying an additional 415,527 shares in the last quarter. Independent Advisor Alliance boosted its stake in shares of 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 purchasing an additional 360,370 shares in the last quarter. Capstone Wealth Management Group LLC bought a new stake in shares of Invesco Ultra Short Duration ETF in the 4th quarter worth about $11,691,000. LPL Financial LLC increased its position in shares of Invesco Ultra Short Duration ETF by 7.1% during the 4th quarter. LPL Financial LLC now owns 2,576,173 shares of the company’s stock worth $129,092,000 after purchasing an additional 170,124 shares in the last quarter. Finally, Sterling Financial Group Inc. bought a new position in Invesco Ultra Short Duration ETF during the 4th quarter valued at about $5,646,000.

Invesco Ultra Short Duration ETF Stock Performance

NYSEARCA:GSY opened at $50.11 on Monday. The company’s 50-day moving average price is $50.16 and its two-hundred day moving average price is $50.15. Invesco Ultra Short Duration ETF has a 12 month low of $49.75 and a 12 month high of $50.37.

Invesco Ultra Short Duration ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.1964 per share. The ex-dividend date of this dividend was Monday, March 24th.

About Invesco Ultra Short Duration ETF

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.