McNaughton Wealth Management LLC Acquires 28,055 Shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

McNaughton Wealth Management LLC grew its holdings in Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 32.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 113,510 shares of the company’s stock after purchasing an additional 28,055 shares during the quarter. Invesco Ultra Short Duration ETF makes up 2.7% of McNaughton Wealth Management LLC’s investment portfolio, making the stock its 12th largest position. McNaughton Wealth Management LLC’s holdings in Invesco Ultra Short Duration ETF were worth $5,688,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of GSY. Concourse Financial Group Securities Inc. lifted its stake in shares of Invesco Ultra Short Duration ETF by 10.7% in the third quarter. Concourse Financial Group Securities Inc. now owns 2,906 shares of the company’s stock worth $146,000 after buying an additional 280 shares during the last quarter. Private Trust Co. NA raised its holdings in Invesco Ultra Short Duration ETF by 5.0% in the 3rd quarter. Private Trust Co. NA now owns 14,088 shares of the company’s stock worth $707,000 after acquiring an additional 668 shares during the period. Allworth Financial LP acquired a new position in Invesco Ultra Short Duration ETF during the 3rd quarter worth $34,000. Northwest Capital Management Inc lifted its position in Invesco Ultra Short Duration ETF by 8,650.0% during the 3rd quarter. Northwest Capital Management Inc now owns 700 shares of the company’s stock worth $35,000 after acquiring an additional 692 shares during the last quarter. Finally, AdvisorNet Financial Inc bought a new stake in Invesco Ultra Short Duration ETF during the fourth quarter valued at about $35,000.

Invesco Ultra Short Duration ETF Stock Performance

NYSEARCA:GSY opened at $50.16 on Tuesday. The firm’s 50-day moving average is $50.12 and its 200-day moving average is $50.12. Invesco Ultra Short Duration ETF has a 52-week low of $49.75 and a 52-week high of $50.37.

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.