Elevatus Welath Management Raises Holdings in Invesco AAA CLO Floating Rate Note ETF $ICLO

Elevatus Welath Management boosted its position in Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) by 261.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 173,450 shares of the company’s stock after purchasing an additional 125,433 shares during the quarter. Invesco AAA CLO Floating Rate Note ETF comprises approximately 1.2% of Elevatus Welath Management’s investment portfolio, making the stock its 24th largest position. Elevatus Welath Management owned about 1.40% of Invesco AAA CLO Floating Rate Note ETF worth $4,432,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CGC Financial Services LLC purchased a new stake in shares of Invesco AAA CLO Floating Rate Note ETF during the third quarter worth $56,000. Comerica Bank lifted its stake in shares of Invesco AAA CLO Floating Rate Note ETF by 1,019.9% in the third quarter. Comerica Bank now owns 5,129 shares of the company’s stock worth $131,000 after buying an additional 4,671 shares in the last quarter. Root Financial Partners LLC acquired a new position in Invesco AAA CLO Floating Rate Note ETF during the third quarter worth about $139,000. Slagle Financial LLC acquired a new position in Invesco AAA CLO Floating Rate Note ETF during the third quarter worth about $228,000. Finally, Kingdom Financial Group LLC. purchased a new stake in Invesco AAA CLO Floating Rate Note ETF during the 3rd quarter valued at about $242,000.

Invesco AAA CLO Floating Rate Note ETF Trading Up 0.1%

ICLO stock opened at $25.49 on Friday. The firm has a 50-day moving average of $25.55 and a two-hundred day moving average of $25.58. Invesco AAA CLO Floating Rate Note ETF has a 12 month low of $23.80 and a 12 month high of $25.70.

Invesco AAA CLO Floating Rate Note ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were given a $0.104 dividend. The ex-dividend date was 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 Company 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.