Strategic Investment Advisors MI Acquires 9,192 Shares of Invesco Ultra Short Duration ETF (GSY)

Strategic Investment Advisors MI lifted its position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 22.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 50,326 shares of the company’s stock after buying an additional 9,192 shares during the period. Invesco Ultra Short Duration ETF makes up about 1.7% of Strategic Investment Advisors MI’s portfolio, making the stock its 13th largest position. Strategic Investment Advisors MI owned approximately 0.11% of Invesco Ultra Short Duration ETF worth $2,530,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of GSY. JPMorgan Chase & Co. grew its stake in shares of Invesco Ultra Short Duration ETF by 19.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 24,145 shares of the company’s stock valued at $1,213,000 after buying an additional 3,986 shares during the period. Renaissance Technologies LLC grew its stake in shares of Invesco Ultra Short Duration ETF by 4.9% in the 3rd quarter. Renaissance Technologies LLC now owns 210,700 shares of the company’s stock valued at $10,582,000 after buying an additional 9,765 shares during the period. B. Riley Wealth Management Inc. acquired a new stake in shares of Invesco Ultra Short Duration ETF in the 3rd quarter valued at about $264,000. Morgan Stanley grew its stake in shares of 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 valued at $135,874,000 after buying an additional 1,729,594 shares during the period. Finally, Belpointe Asset Management LLC acquired a new stake in shares of Invesco Ultra Short Duration ETF in the 3rd quarter valued at about $147,000.

Shares of GSY traded up $0.02 during trading hours on Friday, hitting $50.29. The stock had a trading volume of 100 shares, compared to its average volume of 443,490. Invesco Ultra Short Duration ETF has a 1-year low of $50.02 and a 1-year high of $50.39.

The company also recently announced a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Tuesday, May 21st will be paid a $0.1222 dividend. The ex-dividend date of this dividend is Monday, May 20th. This is an increase from Invesco Ultra Short Duration ETF’s previous monthly dividend of $0.12. This represents a $1.47 annualized dividend 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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