J.W. Cole Advisors Inc. Has $740,000 Stake in Invesco AAA CLO Floating Rate Note ETF $ICLO

J.W. Cole Advisors Inc. decreased its position in shares of Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) by 65.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,898 shares of the company’s stock after selling 55,878 shares during the period. J.W. Cole Advisors Inc.’s holdings in Invesco AAA CLO Floating Rate Note ETF were worth $740,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in ICLO. CGC Financial Services LLC acquired a new stake in shares of Invesco AAA CLO Floating Rate Note ETF in the 3rd quarter valued at $56,000. Root Financial Partners LLC bought a new position in Invesco AAA CLO Floating Rate Note ETF in the third quarter valued at about $139,000. Kingdom Financial Group LLC. acquired a new position in Invesco AAA CLO Floating Rate Note ETF during the third quarter worth about $242,000. FLP Wealth Management LLC bought a new position in shares of Invesco AAA CLO Floating Rate Note ETF in the third quarter worth about $255,000. Finally, Triton Wealth Management PLLC acquired a new stake in shares of Invesco AAA CLO Floating Rate Note ETF in the 2nd quarter valued at approximately $263,000.

Invesco AAA CLO Floating Rate Note ETF Stock Up 0.1%

Shares of Invesco AAA CLO Floating Rate Note ETF stock opened at $25.62 on Tuesday. The firm’s 50 day moving average is $25.57 and its 200 day moving average is $25.59. Invesco AAA CLO Floating Rate Note ETF has a 1 year low of $23.80 and a 1 year high of $25.74.

Invesco AAA CLO Floating Rate Note ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were paid a $0.105 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date was Tuesday, January 20th. This is a positive change from Invesco AAA CLO Floating Rate Note ETF’s previous monthly dividend of $0.10.

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.