J.W. Cole Advisors Inc. Makes New $3.21 Million Investment in Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO)

J.W. Cole Advisors Inc. bought a new position in shares of Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 125,725 shares of the company’s stock, valued at approximately $3,214,000. J.W. Cole Advisors Inc. owned about 9.67% of Invesco AAA CLO Floating Rate Note ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Bank of America Corp DE bought a new stake in Invesco AAA CLO Floating Rate Note ETF during the 1st quarter worth about $984,000. Kingsview Wealth Management LLC bought a new position in Invesco AAA CLO Floating Rate Note ETF in the 3rd quarter worth approximately $886,000. 3EDGE Asset Management LP lifted its holdings in Invesco AAA CLO Floating Rate Note ETF by 6.1% during the 4th quarter. 3EDGE Asset Management LP now owns 27,535 shares of the company’s stock worth $704,000 after buying an additional 1,591 shares in the last quarter. Seed Wealth Management Inc. acquired a new position in Invesco AAA CLO Floating Rate Note ETF during the 3rd quarter worth $654,000. Finally, Jane Street Group LLC bought a new position in Invesco AAA CLO Floating Rate Note ETF in the 1st quarter valued at $336,000.

Invesco AAA CLO Floating Rate Note ETF Stock Performance

Shares of BATS ICLO traded up $0.02 during midday trading on Friday, hitting $25.72. The stock had a trading volume of 90,042 shares. The stock has a fifty day simple moving average of $25.62 and a 200-day simple moving average of $25.60.

Invesco AAA CLO Floating Rate Note ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a dividend of $0.14 per share. This is a boost from Invesco AAA CLO Floating Rate Note ETF’s previous dividend of $0.14. The ex-dividend date was Monday, March 18th.

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.