Gyroscope Capital Management Group LLC Reduced Holding in Invesco Ultra Short Duration ETF (GSY)

Gyroscope Capital Management Group LLC Reduced Holding in Invesco Ultra Short Duration ETF (GSY)

Gyroscope Capital Management Group LLC decreased its holdings in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 11.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 15,045 shares of the company’s stock after selling 1,992 shares during the quarter. Gyroscope Capital Management Group LLC’s holdings in Invesco Ultra Short Duration ETF were worth $756,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. SeaBridge Investment Advisors LLC acquired a new position in shares of Invesco Ultra Short Duration ETF during the 2nd quarter valued at about $153,000. D. Scott Neal Inc. acquired a new position in shares of Invesco Ultra Short Duration ETF during the 2nd quarter valued at about $166,000. Beacon Capital Management Inc. acquired a new position in shares of Invesco Ultra Short Duration ETF during the 2nd quarter valued at about $168,000. First Heartland Consultants Inc. acquired a new position in shares of Invesco Ultra Short Duration ETF during the 2nd quarter valued at about $201,000. Finally, Mutual Advisors LLC acquired a new position in shares of Invesco Ultra Short Duration ETF during the 2nd quarter valued at about $201,000.

NYSEARCA GSY opened at $50.24 on Wednesday. Invesco Ultra Short Duration ETF has a 12 month low of $50.11 and a 12 month high of $50.41.

The firm also recently declared a monthly dividend, which was paid on Friday, September 28th. Stockholders of record on Tuesday, September 25th were given a dividend of $0.1203 per share. This represents a $1.44 annualized dividend and a dividend yield of 2.87%. The ex-dividend date was Monday, September 24th. This is a boost from Invesco Ultra Short Duration ETF’s previous monthly dividend of $0.05.

Further Reading: Why does a company issue an IPO?

Want to see what other hedge funds are holding GSY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Ultra Short Duration ETF (NYSEARCA:GSY).

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