Invesco AAA CLO Floating Rate Note ETF $ICLO Stock Position Lowered by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its holdings in shares of Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) by 19.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 90,878 shares of the company’s stock after selling 21,929 shares during the quarter. Envestnet Asset Management Inc. owned 0.73% of Invesco AAA CLO Floating Rate Note ETF worth $2,327,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. NewEdge Advisors LLC bought a new stake in Invesco AAA CLO Floating Rate Note ETF in the 1st quarter valued at $297,000. Jane Street Group LLC acquired a new stake in shares of Invesco AAA CLO Floating Rate Note ETF during the first quarter worth approximately $680,000. Howard Capital Management Inc. acquired a new stake in Invesco AAA CLO Floating Rate Note ETF during the 2nd quarter valued at $620,000. Bank of New York Mellon Corp raised its holdings in shares of Invesco AAA CLO Floating Rate Note ETF by 2.4% in the second quarter. Bank of New York Mellon Corp now owns 1,087,126 shares of the company’s stock valued at $27,787,000 after buying an additional 25,485 shares during the last quarter. Finally, AE Wealth Management LLC raised its stake in shares of Invesco AAA CLO Floating Rate Note ETF by 3.7% in the second quarter. AE Wealth Management LLC now owns 633,036 shares of the company’s stock worth $16,180,000 after acquiring an additional 22,681 shares during the last quarter.

Invesco AAA CLO Floating Rate Note ETF Price Performance

BATS ICLO opened at $25.56 on Friday. Invesco AAA CLO Floating Rate Note ETF has a 52 week low of $23.80 and a 52 week high of $25.70. The stock has a fifty day moving average of $25.57 and a 200-day moving average of $25.59.

Invesco AAA CLO Floating Rate Note ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 23rd will be given a $0.104 dividend. The ex-dividend date is Monday, February 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%.

Invesco AAA CLO Floating Rate Note ETF Profile

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.