Bleakley Financial Reduces Stake in Invesco Ultra Short Duration ETF

Bleakley Financial Group LLC has reduced its holdings in the Invesco Ultra Short Duration ETF (NYSEARCA: GSY) by 10.9% during the second quarter of 2023, according to Holdings Channel. The firm now owns 83,493 shares following the sale of 10,214 shares in that period. The value of this position is approximately $4,186,000 as of the latest reporting.

Other institutional investors have also made notable adjustments to their stakes in the ETF. D.A. Davidson & CO. increased its holdings by 4.7%, acquiring an additional 3,211 shares to reach a total of 72,186 shares, valued at around $3,619,000. Meanwhile, Avidian Wealth Enterprises LLC initiated a new position in the fund valued at approximately $531,000 during the same quarter.

In addition, International Assets Investment Management LLC purchased a new stake valued at approximately $308,000. Stratos Wealth Partners LTD. raised its investment by 18.1%, now holding 14,773 shares worth $741,000 after buying an additional 2,264 shares. Finally, Private Trust Co. NA increased its holdings by 20.5%, now owning 35,847 shares valued at $1,797,000.

Current Performance of Invesco Ultra Short Duration ETF

As of the last trading session, Invesco Ultra Short Duration ETF opened at $50.22. The fund has a fifty-day moving average of $50.25 and a 200-day moving average of $50.18. Over the past year, the ETF has fluctuated, with a 52-week low of $49.98 and a 52-week high of $50.38.

The Invesco Ultra Short Duration ETF, launched on February 12, 2008, primarily invests in investment-grade fixed income securities. The fund’s objective is to outperform the Barclays Capital 1-3 Month U.S. Treasury Bill Index by diversifying its portfolio of high-quality securities.

Investors interested in monitoring the ETF’s performance can find detailed information, including the latest 13F filings and insider trades, at HoldingsChannel.com. Additionally, subscribers can receive updates on news and analysts’ ratings related to the Invesco Ultra Short Duration ETF and similar investments through MarketBeat’s daily email newsletter.