Foundation Wealth Management LLC PA Makes New Investment in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Foundation Wealth Management LLC PA acquired a new position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 4,840 shares of the company’s stock, valued at approximately $243,000.

A number of other large investors also recently made changes to their positions in GSY. LPL Financial LLC grew its holdings in Invesco Ultra Short Duration ETF by 7.1% in the 4th quarter. LPL Financial LLC now owns 2,576,173 shares of the company’s stock valued at $129,092,000 after buying an additional 170,124 shares in the last quarter. ZEGA Investments LLC acquired a new position in shares of Invesco Ultra Short Duration ETF in the fourth quarter valued at about $2,853,000. Condor Capital Management increased its position in Invesco Ultra Short Duration ETF by 2.5% during the fourth quarter. Condor Capital Management now owns 10,620 shares of the company’s stock worth $532,000 after acquiring an additional 263 shares during the period. BlackDiamond Wealth Management LLC increased its position in Invesco Ultra Short Duration ETF by 4.5% during the fourth quarter. BlackDiamond Wealth Management LLC now owns 12,616 shares of the company’s stock worth $632,000 after acquiring an additional 545 shares during the period. Finally, Axxcess Wealth Management LLC raised its stake in Invesco Ultra Short Duration ETF by 13.4% in the 4th quarter. Axxcess Wealth Management LLC now owns 715,665 shares of the company’s stock worth $35,862,000 after purchasing an additional 84,754 shares in the last quarter.

Invesco Ultra Short Duration ETF Stock Performance

Shares of NYSEARCA:GSY opened at $50.08 on Thursday. Invesco Ultra Short Duration ETF has a 12-month low of $49.75 and a 12-month high of $50.37. The company’s 50 day moving average price is $50.16 and its two-hundred day moving average price is $50.16.

Invesco Ultra Short Duration ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be given a dividend of $0.1964 per share. The ex-dividend date 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.