Rooted Wealth Advisors Inc. Increases Holdings in Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO)

Rooted Wealth Advisors Inc. increased its stake in Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) by 1.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 238,748 shares of the company’s stock after purchasing an additional 4,309 shares during the quarter. Invesco AAA CLO Floating Rate Note ETF comprises about 2.4% of Rooted Wealth Advisors Inc.’s holdings, making the stock its 13th largest position. Rooted Wealth Advisors Inc. owned approximately 0.06% of Invesco AAA CLO Floating Rate Note ETF worth $6,123,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the stock. Family Investment Center Inc. boosted its stake in shares of Invesco AAA CLO Floating Rate Note ETF by 37.2% in the third quarter. Family Investment Center Inc. now owns 14,025 shares of the company’s stock valued at $360,000 after purchasing an additional 3,803 shares during the period. Napa Wealth Management purchased a new position in Invesco AAA CLO Floating Rate Note ETF in the 3rd quarter valued at about $417,000. Kingsview Wealth Management LLC grew its stake in shares of Invesco AAA CLO Floating Rate Note ETF by 76.7% during the third quarter. Kingsview Wealth Management LLC now owns 158,882 shares of the company’s stock valued at $4,074,000 after acquiring an additional 68,984 shares in the last quarter. Flow Traders U.S. LLC grew its stake in shares of Invesco AAA CLO Floating Rate Note ETF by 53.4% during the third quarter. Flow Traders U.S. LLC now owns 47,092 shares of the company’s stock valued at $1,207,000 after acquiring an additional 16,403 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of Invesco AAA CLO Floating Rate Note ETF during the third quarter worth about $1,604,000.

Invesco AAA CLO Floating Rate Note ETF Stock Performance

BATS:ICLO opened at $25.71 on Friday. The stock has a 50 day simple moving average of $25.66 and a 200-day simple moving average of $25.66.

Invesco AAA CLO Floating Rate Note ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were given a $0.1169 dividend. This is a positive change from Invesco AAA CLO Floating Rate Note ETF’s previous dividend of $0.11. The ex-dividend date was Tuesday, January 21st.

About Invesco AAA CLO Floating Rate Note ETF

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.