Invesco Ultra Short Duration ETF (NYSEARCA:GSY) Reaches New 1-Year High – Here’s What Happened

Invesco Ultra Short Duration ETF (NYSEARCA:GSYGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $50.39 and last traded at $50.2150, with a volume of 523116 shares traded. The stock had previously closed at $50.37.

Invesco Ultra Short Duration ETF Stock Down 0.3%

The stock has a fifty day moving average of $50.29 and a 200 day moving average of $50.27.

Invesco Ultra Short Duration ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 23rd will be given a dividend of $0.1738 per share. The ex-dividend date is Monday, February 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

Institutional Trading of Invesco Ultra Short Duration ETF

A number of institutional investors and hedge funds have recently bought and sold shares of GSY. Tucker Asset Management LLC bought a new position in shares of Invesco Ultra Short Duration ETF during the 4th quarter valued at about $25,000. Collier Financial purchased a new stake in shares of Invesco Ultra Short Duration ETF in the third quarter worth about $27,000. AE Wealth Management LLC boosted its stake in Invesco Ultra Short Duration ETF by 88.3% during the second quarter. AE Wealth Management LLC now owns 625 shares of the company’s stock valued at $31,000 after buying an additional 293 shares during the last quarter. Rossby Financial LCC bought a new position in Invesco Ultra Short Duration ETF during the third quarter valued at approximately $31,000. Finally, Motiv8 Investments LLC purchased a new position in Invesco Ultra Short Duration ETF during the 4th quarter valued at approximately $31,000.

About Invesco Ultra Short Duration ETF

(Get Free Report)

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.

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