Avantax Advisory Services Inc. Purchases 729 Shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Avantax Advisory Services Inc. boosted its holdings in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 12.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,477 shares of the company’s stock after acquiring an additional 729 shares during the period. Avantax Advisory Services Inc.’s holdings in Invesco Ultra Short Duration ETF were worth $325,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its position in shares of Invesco Ultra Short Duration ETF by 24.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 127,504 shares of the company’s stock worth $6,389,000 after acquiring an additional 24,958 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Invesco Ultra Short Duration ETF by 1.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,327,178 shares of the company’s stock worth $66,598,000 after purchasing an additional 17,507 shares during the period. Stifel Financial Corp increased its holdings in Invesco Ultra Short Duration ETF by 172.6% during the 3rd quarter. Stifel Financial Corp now owns 117,836 shares of the company’s stock worth $5,913,000 after purchasing an additional 74,608 shares in the last quarter. AdvisorNet Financial Inc acquired a new stake in shares of Invesco Ultra Short Duration ETF in the 4th quarter valued at about $35,000. Finally, Steward Partners Investment Advisory LLC raised its stake in shares of Invesco Ultra Short Duration ETF by 163.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 24,753 shares of the company’s stock valued at $1,240,000 after purchasing an additional 15,340 shares during the period.

Invesco Ultra Short Duration ETF Stock Up 0.0 %

GSY stock opened at $50.08 on Wednesday. Invesco Ultra Short Duration ETF has a fifty-two week low of $49.75 and a fifty-two week high of $50.37. The business has a 50-day moving average of $50.16 and a 200-day moving average of $50.16.

Invesco Ultra Short Duration ETF Cuts Dividend

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