Modern Wealth Management LLC Invests $10.07 Million in Invesco AAA CLO Floating Rate Note ETF $ICLO

Modern Wealth Management LLC purchased a new stake in shares of Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 393,045 shares of the company’s stock, valued at approximately $10,066,000. Modern Wealth Management LLC owned 3.17% of Invesco AAA CLO Floating Rate Note ETF at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Kingsview Wealth Management LLC grew its stake in Invesco AAA CLO Floating Rate Note ETF by 5.4% during the 3rd quarter. Kingsview Wealth Management LLC now owns 349,861 shares of the company’s stock valued at $8,960,000 after acquiring an additional 17,890 shares in the last quarter. Brucke Financial Inc. purchased a new stake in shares of Invesco AAA CLO Floating Rate Note ETF in the third quarter worth approximately $484,000. Axxcess Wealth Management LLC boosted its holdings in shares of Invesco AAA CLO Floating Rate Note ETF by 10.3% during the third quarter. Axxcess Wealth Management LLC now owns 94,763 shares of the company’s stock worth $2,427,000 after purchasing an additional 8,820 shares during the period. Western Wealth Management LLC boosted its holdings in shares of Invesco AAA CLO Floating Rate Note ETF by 6.6% during the third quarter. Western Wealth Management LLC now owns 29,127 shares of the company’s stock worth $746,000 after purchasing an additional 1,800 shares during the period. Finally, Slagle Financial LLC purchased a new position in Invesco AAA CLO Floating Rate Note ETF during the third quarter valued at approximately $228,000.

Invesco AAA CLO Floating Rate Note ETF Stock Performance

Invesco AAA CLO Floating Rate Note ETF stock opened at $25.50 on Friday. The firm’s 50 day moving average price is $25.57 and its two-hundred day moving average price is $25.59. Invesco AAA CLO Floating Rate Note ETF has a twelve month low of $23.80 and a twelve 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 issued a dividend of $0.104 per share. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date was Monday, February 23rd.

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.