TCP Asset Management LLC Makes New $1.08 Million Investment in Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO)

TCP Asset Management LLC purchased a new position in shares of Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 42,167 shares of the company’s stock, valued at approximately $1,081,000. TCP Asset Management LLC owned 1.12% of Invesco AAA CLO Floating Rate Note ETF as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in ICLO. Family Investment Center Inc. increased its position in Invesco AAA CLO Floating Rate Note ETF by 37.2% during the third quarter. Family Investment Center Inc. now owns 14,025 shares of the company’s stock worth $360,000 after purchasing an additional 3,803 shares during the last quarter. Napa Wealth Management acquired a new stake in shares of Invesco AAA CLO Floating Rate Note ETF during the 3rd quarter worth $417,000. Kingsview Wealth Management LLC increased its holdings in shares of Invesco AAA CLO Floating Rate Note ETF by 76.7% during the 3rd quarter. Kingsview Wealth Management LLC now owns 158,882 shares of the company’s stock worth $4,074,000 after buying an additional 68,984 shares during the last quarter. Flow Traders U.S. LLC raised its position in shares of Invesco AAA CLO Floating Rate Note ETF by 53.4% in the 3rd quarter. Flow Traders U.S. LLC now owns 47,092 shares of the company’s stock worth $1,207,000 after buying an additional 16,403 shares during the period. Finally, Jane Street Group LLC acquired a new position in Invesco AAA CLO Floating Rate Note ETF in the third quarter valued at $1,604,000.

Invesco AAA CLO Floating Rate Note ETF Stock Up 0.1 %

Shares of BATS:ICLO opened at $25.70 on Friday. The stock’s 50 day moving average price is $25.66 and its 200-day moving average price is $25.67.

Invesco AAA CLO Floating Rate Note ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 24th. Investors of record on Tuesday, January 21st will be given a dividend of $0.1169 per share. The ex-dividend date of this dividend is Tuesday, January 21st. This is an increase from Invesco AAA CLO Floating Rate Note ETF’s previous dividend of $0.11.

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.