Gladstone Institutional Advisory LLC Trims Position in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Gladstone Institutional Advisory LLC cut its stake in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 7.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 412,561 shares of the company’s stock after selling 31,585 shares during the period. Invesco Ultra Short Duration ETF accounts for approximately 1.0% of Gladstone Institutional Advisory LLC’s portfolio, making the stock its 19th largest holding. Gladstone Institutional Advisory LLC’s holdings in Invesco Ultra Short Duration ETF were worth $20,673,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Allworth Financial LP bought a new stake in Invesco Ultra Short Duration ETF during the third quarter valued at $34,000. Northwest Capital Management Inc raised its holdings in shares of Invesco Ultra Short Duration ETF by 8,650.0% in the 3rd quarter. Northwest Capital Management Inc now owns 700 shares of the company’s stock valued at $35,000 after acquiring an additional 692 shares in the last quarter. AdvisorNet Financial Inc bought a new stake in shares of Invesco Ultra Short Duration ETF during the 4th quarter valued at about $35,000. Collier Financial purchased a new position in shares of Invesco Ultra Short Duration ETF during the fourth quarter worth about $72,000. Finally, Concourse Financial Group Securities Inc. increased its position in shares of Invesco Ultra Short Duration ETF by 10.7% in the third quarter. Concourse Financial Group Securities Inc. now owns 2,906 shares of the company’s stock worth $146,000 after purchasing an additional 280 shares during the last quarter.

Invesco Ultra Short Duration ETF Stock Up 0.0 %

Shares of GSY opened at $50.17 on Wednesday. Invesco Ultra Short Duration ETF has a 1-year low of $49.75 and a 1-year high of $50.37. The firm’s 50 day simple moving average is $50.13 and its 200 day simple moving average is $50.14.

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.