Jones Financial Companies Lllp Acquires 27,718 Shares of Invesco Ultra Short Duration ETF $GSY

Jones Financial Companies Lllp boosted its holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 56.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 77,237 shares of the company’s stock after purchasing an additional 27,718 shares during the quarter. Jones Financial Companies Lllp’s holdings in Invesco Ultra Short Duration ETF were worth $3,878,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Bank of America Corp DE lifted its holdings in shares of Invesco Ultra Short Duration ETF by 35.3% in the second quarter. Bank of America Corp DE now owns 1,560,270 shares of the company’s stock worth $78,232,000 after buying an additional 406,664 shares in the last quarter. Cetera Investment Advisers lifted its stake in Invesco Ultra Short Duration ETF by 5.5% in the 2nd quarter. Cetera Investment Advisers now owns 967,552 shares of the company’s stock worth $48,513,000 after purchasing an additional 50,445 shares in the last quarter. Axxcess Wealth Management LLC boosted its holdings in shares of Invesco Ultra Short Duration ETF by 21.8% during the 2nd quarter. Axxcess Wealth Management LLC now owns 929,019 shares of the company’s stock valued at $46,581,000 after purchasing an additional 166,046 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Invesco Ultra Short Duration ETF by 16.7% in the second quarter. Raymond James Financial Inc. now owns 910,918 shares of the company’s stock worth $45,673,000 after purchasing an additional 130,482 shares during the last quarter. Finally, Capital Asset Advisory Services LLC increased its holdings in shares of Invesco Ultra Short Duration ETF by 3.6% in the third quarter. Capital Asset Advisory Services LLC now owns 833,386 shares of the company’s stock worth $41,864,000 after purchasing an additional 29,280 shares during the last quarter.

Invesco Ultra Short Duration ETF Price Performance

Shares of Invesco Ultra Short Duration ETF stock opened at $50.30 on Friday. The stock has a 50 day moving average of $50.27 and a 200 day moving average of $50.25. Invesco Ultra Short Duration ETF has a 12 month low of $49.98 and a 12 month high of $50.38.

Invesco Ultra Short Duration ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were given a dividend of $0.1872 per share. The ex-dividend date was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. This is an increase from Invesco Ultra Short Duration ETF’s previous monthly dividend of $0.18.

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.