International Assets Investment Management LLC purchased a new stake in Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA – Free Report) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 11,815 shares of the exchange traded fund’s stock, valued at approximately $798,000.
Invesco CurrencyShares Australian Dollar Trust Price Performance
Shares of Invesco CurrencyShares Australian Dollar Trust stock opened at $64.25 on Wednesday. The business has a 50 day simple moving average of $64.69 and a two-hundred day simple moving average of $64.84. Invesco CurrencyShares Australian Dollar Trust has a 12 month low of $62.28 and a 12 month high of $68.26.
Invesco CurrencyShares Australian Dollar Trust Increases Dividend
The company also recently disclosed a dividend, which was paid on Monday, April 8th. Investors of record on Tuesday, April 2nd were paid a $0.0847 dividend. This is an increase from Invesco CurrencyShares Australian Dollar Trust’s previous dividend of $0.06. The ex-dividend date of this dividend was Monday, April 1st.
Invesco CurrencyShares Australian Dollar Trust Profile
Guggenheim CurrencyShares Australian Dollar Trust, formerly The CurrencyShares Australian Dollar Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Australian Dollars and distributes Australian Dollars in connection with the redemption of Baskets.
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Want to see what other hedge funds are holding FXA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA – Free Report).
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