Wealthcare Advisory Partners LLC Boosts Holdings in Invesco Floating Rate Municipal Income ETF $PVI

Wealthcare Advisory Partners LLC boosted its holdings in shares of Invesco Floating Rate Municipal Income ETF (NYSEARCA:PVI) by 44.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 79,297 shares of the company’s stock after acquiring an additional 24,302 shares during the period. Wealthcare Advisory Partners LLC owned about 6.10% of Invesco Floating Rate Municipal Income ETF worth $1,976,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Jane Street Group LLC grew its position in shares of Invesco Floating Rate Municipal Income ETF by 6.5% in the second quarter. Jane Street Group LLC now owns 48,473 shares of the company’s stock valued at $1,201,000 after purchasing an additional 2,949 shares during the last quarter. Foundations Investment Advisors LLC raised its position in shares of Invesco Floating Rate Municipal Income ETF by 17.0% during the 3rd quarter. Foundations Investment Advisors LLC now owns 21,218 shares of the company’s stock worth $527,000 after purchasing an additional 3,087 shares during the last quarter. Susquehanna International Group LLP purchased a new stake in Invesco Floating Rate Municipal Income ETF in the 3rd quarter valued at approximately $474,000. Avior Wealth Management LLC grew its holdings in Invesco Floating Rate Municipal Income ETF by 4.6% during the 4th quarter. Avior Wealth Management LLC now owns 18,329 shares of the company’s stock valued at $457,000 after buying an additional 798 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Invesco Floating Rate Municipal Income ETF during the 2nd quarter valued at $34,000.

Invesco Floating Rate Municipal Income ETF Price Performance

Invesco Floating Rate Municipal Income ETF stock opened at $24.82 on Tuesday. Invesco Floating Rate Municipal Income ETF has a fifty-two week low of $24.56 and a fifty-two week high of $25.02. The stock has a fifty day moving average of $24.79 and a two-hundred day moving average of $24.83.

Invesco Floating Rate Municipal Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were given a dividend of $0.0343 per share. This represents a c) dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Monday, February 23rd.

Invesco Floating Rate Municipal Income ETF Profile

The Invesco VRDO Tax-Free ETF (PVI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of VRDOs issued by US municipalities. PVI was launched on Nov 15, 2007 and is managed by Invesco.