Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC reduced its stake in shares of Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) by 6.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,002 shares of the company’s stock after selling 1,536 shares during the period. HighTower Advisors LLC owned 1.05% of Invesco Investment Grade Defensive ETF worth $509,000 as of its most recent SEC filing.

Separately, Bank of New York Mellon Corp grew its position in Invesco Investment Grade Defensive ETF by 2.0% during the fourth quarter. Bank of New York Mellon Corp now owns 718,718 shares of the company’s stock valued at $17,402,000 after acquiring an additional 14,392 shares during the period.

Invesco Investment Grade Defensive ETF Stock Performance

Shares of NYSEARCA:IIGD opened at $24.50 on Monday. The business has a 50-day moving average of $24.35 and a two-hundred day moving average of $24.40. Invesco Investment Grade Defensive ETF has a 12 month low of $23.66 and a 12 month high of $24.90.

Invesco Investment Grade Defensive ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.0871 per share. The ex-dividend date of this dividend was Monday, March 24th. This is an increase from Invesco Investment Grade Defensive ETF’s previous dividend of $0.08.

Invesco Investment Grade Defensive ETF Company Profile

The Invesco Investment Grade Defensive ETF (IIGD) is an exchange-traded fund that is based on the Invesco Investment Grade Defensive index. The fund tracks a market value-weighted index of investment-grade corporate bonds of intermediate maturities. IIGD was launched on Jul 25, 2018 and is managed by Invesco.