Avaii Wealth Management LLC Makes New Investment in Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO)

Avaii Wealth Management LLC bought a new position in Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 9,734 shares of the company’s stock, valued at approximately $248,000. Avaii Wealth Management LLC owned approximately 0.07% of Invesco AAA CLO Floating Rate Note ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of ICLO. Jacobi Capital Management LLC grew its holdings in shares of Invesco AAA CLO Floating Rate Note ETF by 1.4% in the fourth quarter. Jacobi Capital Management LLC now owns 55,363 shares of the company’s stock worth $1,420,000 after acquiring an additional 756 shares during the period. Transce3nd LLC bought a new stake in shares of Invesco AAA CLO Floating Rate Note ETF in the fourth quarter worth $77,000. Regal Investment Advisors LLC grew its holdings in shares of Invesco AAA CLO Floating Rate Note ETF by 19.5% in the fourth quarter. Regal Investment Advisors LLC now owns 19,903 shares of the company’s stock worth $510,000 after acquiring an additional 3,253 shares during the period. Rooted Wealth Advisors Inc. grew its holdings in shares of Invesco AAA CLO Floating Rate Note ETF by 1.8% in the fourth quarter. Rooted Wealth Advisors Inc. now owns 238,748 shares of the company’s stock worth $6,123,000 after acquiring an additional 4,309 shares during the period. Finally, Park Square Financial Group LLC bought a new stake in shares of Invesco AAA CLO Floating Rate Note ETF in the fourth quarter worth $191,000.

Invesco AAA CLO Floating Rate Note ETF Stock Up 0.4%

Shares of ICLO opened at $25.61 on Friday. The business has a fifty day moving average of $25.47 and a 200 day moving average of $25.56. Invesco AAA CLO Floating Rate Note ETF has a one year low of $23.80 and a one year high of $25.84.

Invesco AAA CLO Floating Rate Note ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.1096 per share. The ex-dividend date was Monday, March 24th.

About Invesco AAA CLO Floating Rate Note ETF

The Invesco Aaa Clo Floating Rate Note ETF (ICLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in USD-denominated floating rate CLOs that are rated AAA or equivalent. ICLO was launched on Dec 9, 2022 and is managed by Invesco.