Lionsbridge Wealth Management LLC Has $1.46 Million Stock Position in Invesco Ultra Short Duration ETF $GSY

Lionsbridge Wealth Management LLC decreased its holdings in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 5.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,034 shares of the company’s stock after selling 1,665 shares during the quarter. Lionsbridge Wealth Management LLC owned approximately 0.05% of Invesco Ultra Short Duration ETF worth $1,456,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. acquired a new position in Invesco Ultra Short Duration ETF in the 1st quarter valued at $923,000. Envestnet Asset Management Inc. grew its stake in Invesco Ultra Short Duration ETF by 6.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 368,233 shares of the company’s stock valued at $18,456,000 after buying an additional 23,838 shares during the last quarter. Wagner Wealth Management LLC grew its stake in Invesco Ultra Short Duration ETF by 2.1% in the 2nd quarter. Wagner Wealth Management LLC now owns 13,034 shares of the company’s stock valued at $654,000 after buying an additional 271 shares during the last quarter. Patton Albertson Miller Group LLC grew its stake in Invesco Ultra Short Duration ETF by 7.1% in the 2nd quarter. Patton Albertson Miller Group LLC now owns 9,557 shares of the company’s stock valued at $479,000 after buying an additional 635 shares during the last quarter. Finally, Total Clarity Wealth Management Inc. grew its stake in Invesco Ultra Short Duration ETF by 63.9% in the 2nd quarter. Total Clarity Wealth Management Inc. now owns 18,243 shares of the company’s stock valued at $915,000 after buying an additional 7,115 shares during the last quarter.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada upgraded shares of Invesco Ultra Short Duration ETF to a “hold” rating in a research note on Wednesday, October 1st.

Invesco Ultra Short Duration ETF Stock Down 0.3%

NYSEARCA:GSY opened at $50.20 on Tuesday. The company has a 50-day moving average of $50.26 and a 200-day moving average of $50.18. Invesco Ultra Short Duration ETF has a 52 week low of $49.98 and a 52 week high of $50.38.

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.