Beacon Investment Advisory Services Inc. Increases Holdings in Invesco Ultra Short Duration ETF $GSY

Beacon Investment Advisory Services Inc. lifted its holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 67.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 117,880 shares of the company’s stock after acquiring an additional 47,297 shares during the period. Beacon Investment Advisory Services Inc.’s holdings in Invesco Ultra Short Duration ETF were worth $5,923,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Royal Bank of Canada raised its stake in Invesco Ultra Short Duration ETF by 28.8% during the 1st quarter. Royal Bank of Canada now owns 57,917 shares of the company’s stock valued at $2,903,000 after purchasing an additional 12,962 shares during the period. AQR Capital Management LLC boosted its stake in Invesco Ultra Short Duration ETF by 75.6% in the 1st quarter. AQR Capital Management LLC now owns 9,249 shares of the company’s stock worth $464,000 after purchasing an additional 3,982 shares during the period. NewEdge Advisors LLC grew its holdings in Invesco Ultra Short Duration ETF by 5.4% during the 1st quarter. NewEdge Advisors LLC now owns 19,587 shares of the company’s stock valued at $982,000 after buying an additional 1,006 shares in the last quarter. Jane Street Group LLC purchased a new stake in Invesco Ultra Short Duration ETF during the 1st quarter valued at approximately $355,000. Finally, Steward Partners Investment Advisory LLC raised its position in shares of Invesco Ultra Short Duration ETF by 2.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 29,346 shares of the company’s stock valued at $1,471,000 after buying an additional 600 shares during the last quarter.

Invesco Ultra Short Duration ETF Price Performance

GSY stock opened at $50.09 on Monday. Invesco Ultra Short Duration ETF has a one year low of $49.98 and a one year high of $50.39. The company’s fifty day moving average price is $50.25 and its 200-day moving average price is $50.27.

Invesco Ultra Short Duration ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were issued a $0.1738 dividend. This represents a c) dividend on an annualized basis 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.