Bright Futures Wealth Management LLC. Takes Position in Invesco Ultra Short Duration ETF $GSY

Bright Futures Wealth Management LLC. bought a new position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) in the third quarter, according to its most recent filing with the SEC. The firm bought 10,928 shares of the company’s stock, valued at approximately $549,000.

Several other large investors also recently bought and sold shares of GSY. Bank of America Corp DE increased its stake in Invesco Ultra Short Duration ETF by 35.3% during the 2nd quarter. Bank of America Corp DE now owns 1,560,270 shares of the company’s stock valued at $78,232,000 after purchasing an additional 406,664 shares in the last quarter. Cetera Investment Advisers increased its position in shares of Invesco Ultra Short Duration ETF by 5.5% in the 2nd quarter. Cetera Investment Advisers now owns 967,552 shares of the company’s stock valued at $48,513,000 after acquiring an additional 50,445 shares during the period. Axxcess Wealth Management LLC increased its position in shares of Invesco Ultra Short Duration ETF by 2.7% in the 3rd quarter. Axxcess Wealth Management LLC now owns 954,108 shares of the company’s stock valued at $47,929,000 after acquiring an additional 25,089 shares during the period. Raymond James Financial Inc. raised its stake in Invesco Ultra Short Duration ETF by 16.7% in the 2nd quarter. Raymond James Financial Inc. now owns 910,918 shares of the company’s stock worth $45,673,000 after acquiring an additional 130,482 shares during the last quarter. Finally, Capital Asset Advisory Services LLC lifted its position in Invesco Ultra Short Duration ETF by 3.6% during the 3rd quarter. Capital Asset Advisory Services LLC now owns 833,386 shares of the company’s stock worth $41,864,000 after acquiring an additional 29,280 shares during the period.

Invesco Ultra Short Duration ETF Price Performance

Shares of GSY stock opened at $50.25 on Monday. Invesco Ultra Short Duration ETF has a fifty-two week low of $49.98 and a fifty-two week high of $50.39. The stock’s 50-day simple moving average is $50.28 and its 200-day simple moving average is $50.27.

Invesco Ultra Short Duration ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were issued a $0.1738 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Monday, February 23rd.

Invesco Ultra Short Duration ETF Company 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.