Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Shares Sold by Parsons Capital Management Inc. RI

Parsons Capital Management Inc. RI lessened its holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 24.0% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 8,410 shares of the company’s stock after selling 2,660 shares during the period. Parsons Capital Management Inc. RI’s holdings in Invesco Ultra Short Duration ETF were worth $423,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of GSY. Morgan Stanley increased its stake in Invesco Ultra Short Duration ETF by 177.3% in the 3rd quarter. Morgan Stanley now owns 2,705,288 shares of the company’s stock worth $135,874,000 after buying an additional 1,729,594 shares in the last quarter. Bank of America Corp DE grew its position in shares of Invesco Ultra Short Duration ETF by 79.9% during the fourth quarter. Bank of America Corp DE now owns 3,257,122 shares of the company’s stock valued at $163,084,000 after purchasing an additional 1,446,612 shares in the last quarter. Pinnacle Advisory Group Inc. grew its position in shares of Invesco Ultra Short Duration ETF by 75.0% during the fourth quarter. Pinnacle Advisory Group Inc. now owns 2,084,391 shares of the company’s stock valued at $104,365,000 after purchasing an additional 892,979 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in shares of Invesco Ultra Short Duration ETF by 245.0% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 448,595 shares of the company’s stock valued at $22,461,000 after purchasing an additional 318,555 shares in the last quarter. Finally, Advisor Group Inc. grew its position in shares of Invesco Ultra Short Duration ETF by 148.5% during the fourth quarter. Advisor Group Inc. now owns 482,727 shares of the company’s stock valued at $24,173,000 after purchasing an additional 288,448 shares in the last quarter.

Shares of Invesco Ultra Short Duration ETF stock traded down $0.01 during trading on Wednesday, reaching $50.26. 8,602 shares of the stock traded hands, compared to its average volume of 439,049. Invesco Ultra Short Duration ETF has a 52-week low of $50.02 and a 52-week high of $50.39.

The firm also recently declared a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Tuesday, May 21st will be issued a $0.1222 dividend. This is an increase from Invesco Ultra Short Duration ETF’s previous monthly dividend of $0.12. The ex-dividend date of this dividend is Monday, May 20th. This represents a $1.47 dividend on an annualized basis and a dividend yield of 2.92%.

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Institutional Ownership by Quarter for Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

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