Northwestern Mutual Wealth Management Co. Trims Position in Invesco Ultra Short Duration ETF $GSY

Northwestern Mutual Wealth Management Co. cut its holdings in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 68.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 33,249 shares of the company’s stock after selling 71,114 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invesco Ultra Short Duration ETF were worth $1,671,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Wealth Advisory Team LLC purchased a new position in shares of Invesco Ultra Short Duration ETF during the fourth quarter valued at approximately $364,000. World Investment Advisors increased its stake in shares of Invesco Ultra Short Duration ETF by 5.4% during the fourth quarter. World Investment Advisors now owns 31,422 shares of the company’s stock valued at $1,579,000 after buying an additional 1,602 shares during the period. Colonial River Investments LLC increased its stake in shares of Invesco Ultra Short Duration ETF by 12.8% during the fourth quarter. Colonial River Investments LLC now owns 43,284 shares of the company’s stock valued at $2,175,000 after buying an additional 4,922 shares during the period. Strait & Sound Wealth Management LLC increased its stake in shares of Invesco Ultra Short Duration ETF by 2.6% during the fourth quarter. Strait & Sound Wealth Management LLC now owns 45,155 shares of the company’s stock valued at $2,269,000 after buying an additional 1,156 shares during the period. Finally, NewEdge Wealth LLC boosted its position in shares of Invesco Ultra Short Duration ETF by 22.8% during the fourth quarter. NewEdge Wealth LLC now owns 5,771 shares of the company’s stock valued at $290,000 after purchasing an additional 1,071 shares in the last quarter.

Invesco Ultra Short Duration ETF Stock Performance

NYSEARCA GSY opened at $50.13 on Thursday. Invesco Ultra Short Duration ETF has a twelve month low of $50.05 and a twelve month high of $50.39. The stock’s 50 day moving average is $50.16 and its 200 day moving average is $50.23.

Invesco Ultra Short Duration ETF Profile

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.