Northwestern Mutual Wealth Management Co. Cuts Stake in Invesco Ultra Short Duration ETF $GSY

Northwestern Mutual Wealth Management Co. cut its stake in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 16.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 87,025 shares of the company’s stock after selling 17,338 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.13% of Invesco Ultra Short Duration ETF worth $4,373,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Regatta Capital Group LLC grew its stake in shares of Invesco Ultra Short Duration ETF by 0.7% during the fourth quarter. Regatta Capital Group LLC now owns 36,799 shares of the company’s stock valued at $1,849,000 after acquiring an additional 264 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its stake in shares of Invesco Ultra Short Duration ETF by 0.8% during the third quarter. Ashton Thomas Private Wealth LLC now owns 35,837 shares of the company’s stock valued at $1,800,000 after acquiring an additional 271 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of Invesco Ultra Short Duration ETF by 6.6% during the third quarter. Parallel Advisors LLC now owns 4,880 shares of the company’s stock valued at $245,000 after acquiring an additional 300 shares in the last quarter. MAI Capital Management grew its stake in shares of Invesco Ultra Short Duration ETF by 1.6% during the third quarter. MAI Capital Management now owns 21,419 shares of the company’s stock valued at $1,076,000 after acquiring an additional 334 shares in the last quarter. Finally, Stratos Wealth Partners LTD. grew its stake in shares of Invesco Ultra Short Duration ETF by 2.3% during the fourth quarter. Stratos Wealth Partners LTD. now owns 14,838 shares of the company’s stock valued at $746,000 after acquiring an additional 338 shares in the last quarter.

Invesco Ultra Short Duration ETF Stock Performance

Shares of Invesco Ultra Short Duration ETF stock opened at $50.17 on Thursday. The business has a 50-day moving average of $50.15 and a 200-day moving average of $50.23. Invesco Ultra Short Duration ETF has a 1-year low of $50.05 and a 1-year high of $50.39.

Invesco Ultra Short Duration ETF Company 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.