Invesco Ultra Short Duration ETF $GSY Position Reduced by Johnson Bixby & Associates LLC

Johnson Bixby & Associates LLC reduced its position in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 16.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 292,626 shares of the company’s stock after selling 56,592 shares during the quarter. Invesco Ultra Short Duration ETF comprises 1.8% of Johnson Bixby & Associates LLC’s portfolio, making the stock its 17th largest holding. Johnson Bixby & Associates LLC’s holdings in Invesco Ultra Short Duration ETF were worth $14,704,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of GSY. Collier Financial bought a new stake in shares of Invesco Ultra Short Duration ETF in the 3rd quarter worth $27,000. Rossby Financial LCC bought a new position in Invesco Ultra Short Duration ETF during the third quarter valued at about $31,000. Newbridge Financial Services Group Inc. boosted its stake in Invesco Ultra Short Duration ETF by 206.6% during the second quarter. Newbridge Financial Services Group Inc. now owns 1,015 shares of the company’s stock valued at $51,000 after buying an additional 684 shares in the last quarter. Sound Income Strategies LLC acquired a new position in Invesco Ultra Short Duration ETF during the third quarter worth about $97,000. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new position in Invesco Ultra Short Duration ETF during the third quarter worth about $138,000.

Invesco Ultra Short Duration ETF Stock Performance

Shares of Invesco Ultra Short Duration ETF stock opened at $50.09 on Monday. Invesco Ultra Short Duration ETF has a 52 week low of $49.98 and a 52 week high of $50.39. The company’s 50-day moving average price is $50.25 and its two-hundred day moving average price is $50.27.

Invesco Ultra Short Duration ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were paid a $0.1738 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) annualized dividend and a dividend yield of 4.2%.

Invesco Ultra Short Duration ETF Profile

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.