LPL Financial LLC Has $129.09 Million Holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

LPL Financial LLC boosted its holdings in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 7.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,576,173 shares of the company’s stock after purchasing an additional 170,124 shares during the period. LPL Financial LLC owned 6.56% of Invesco Ultra Short Duration ETF worth $129,092,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Gradient Investments LLC increased its stake in shares of 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 valued at $70,433,000 after buying an additional 26,390 shares in the last quarter. JPMorgan Chase & Co. increased its position 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 valued at $66,598,000 after acquiring an additional 17,507 shares in the last quarter. Atria Wealth Solutions Inc. increased its position 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 acquiring an additional 415,527 shares in the last quarter. Axxcess Wealth Management LLC raised its stake in shares of Invesco Ultra Short Duration ETF by 13.4% in the fourth 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 during the last quarter. Finally, Capital Asset Advisory Services LLC lifted its position in shares of Invesco Ultra Short Duration ETF by 7.9% during the fourth quarter. Capital Asset Advisory Services LLC now owns 668,072 shares of the company’s stock worth $33,484,000 after purchasing an additional 49,004 shares in the last quarter.

Invesco Ultra Short Duration ETF Stock Performance

GSY stock opened at $50.07 on Tuesday. The company has a 50 day moving average price of $50.16 and a 200 day moving average price of $50.16. Invesco Ultra Short Duration ETF has a fifty-two week low of $49.75 and a fifty-two week high of $50.37.

Invesco Ultra Short Duration ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, March 28th. Stockholders 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.