Envestnet Asset Management Inc. Sells 21,929 Shares of Invesco AAA CLO Floating Rate Note ETF $ICLO

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

Several other large investors also recently made changes to their positions in the stock. AE Wealth Management LLC grew its stake in shares of Invesco AAA CLO Floating Rate Note ETF by 49.4% in the third quarter. AE Wealth Management LLC now owns 946,016 shares of the company’s stock valued at $24,227,000 after buying an additional 312,980 shares in the last quarter. Truist Financial Corp lifted its stake in Invesco AAA CLO Floating Rate Note ETF by 41.3% in the third quarter. Truist Financial Corp now owns 20,496 shares of the company’s stock valued at $525,000 after acquiring an additional 5,990 shares during the last quarter. NWF Advisory Services Inc. bought a new position in shares of Invesco AAA CLO Floating Rate Note ETF in the 3rd quarter valued at about $395,000. Kingdom Financial Group LLC. acquired a new position in shares of Invesco AAA CLO Floating Rate Note ETF during the 3rd quarter worth about $242,000. Finally, Root Financial Partners LLC bought a new stake in shares of Invesco AAA CLO Floating Rate Note ETF in the 3rd quarter valued at about $139,000.

Invesco AAA CLO Floating Rate Note ETF Trading Up 0.1%

Invesco AAA CLO Floating Rate Note ETF stock 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 50-day simple moving average of $25.57 and a 200 day simple moving average of $25.59.

Invesco AAA CLO Floating Rate Note ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 23rd will be issued a dividend of $0.104 per share. The ex-dividend date of this dividend 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 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.