Arete Wealth Advisors LLC Boosts Position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Arete Wealth Advisors LLC increased its holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 13.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,645 shares of the company’s stock after acquiring an additional 1,861 shares during the quarter. Arete Wealth Advisors LLC’s holdings in Invesco Ultra Short Duration ETF were worth $784,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. LPL Financial LLC lifted its position in shares of 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 worth $129,092,000 after purchasing an additional 170,124 shares during the period. Gradient Investments LLC lifted its holdings in Invesco Ultra Short Duration ETF by 1.9% in the fourth quarter. Gradient Investments LLC now owns 1,405,565 shares of the company’s stock worth $70,433,000 after buying an additional 26,390 shares during the period. JPMorgan Chase & Co. boosted its position in Invesco Ultra Short Duration ETF by 4.0% during the 4th quarter. JPMorgan Chase & Co. now owns 1,380,886 shares of the company’s stock valued at $69,196,000 after acquiring an additional 53,708 shares in the last quarter. Atria Wealth Solutions Inc. grew its holdings in shares of Invesco Ultra Short Duration ETF by 112.6% during the 4th quarter. Atria Wealth Solutions Inc. now owns 784,425 shares of the company’s stock worth $39,308,000 after acquiring an additional 415,527 shares during the period. Finally, Axxcess Wealth Management LLC raised its position in shares of Invesco Ultra Short Duration ETF by 13.4% in the 4th quarter. Axxcess Wealth Management LLC now owns 715,665 shares of the company’s stock worth $35,862,000 after acquiring an additional 84,754 shares in the last quarter.

Invesco Ultra Short Duration ETF Stock Performance

NYSEARCA GSY opened at $50.11 on Friday. The stock’s 50 day moving average is $50.16 and its 200 day moving average is $50.15. Invesco Ultra Short Duration ETF has a twelve month low of $49.75 and a twelve month high of $50.37.

Invesco Ultra Short Duration ETF Cuts Dividend

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