Avid Wealth Partners LLC Buys 22,622 Shares of Janus Henderson AAA CLO ETF $JAAA

Avid Wealth Partners LLC raised its stake in shares of Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) by 175.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 35,491 shares of the company’s stock after buying an additional 22,622 shares during the quarter. Janus Henderson AAA CLO ETF makes up about 0.9% of Avid Wealth Partners LLC’s holdings, making the stock its 21st largest holding. Avid Wealth Partners LLC’s holdings in Janus Henderson AAA CLO ETF were worth $1,802,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of JAAA. Bessemer Group Inc. purchased a new stake in Janus Henderson AAA CLO ETF during the second quarter valued at $30,000. Richardson Capital Management LLC purchased a new position in Janus Henderson AAA CLO ETF in the third quarter worth about $33,000. Abich Financial Wealth Management LLC bought a new stake in shares of Janus Henderson AAA CLO ETF during the 3rd quarter valued at about $36,000. Mather Group LLC. purchased a new stake in shares of Janus Henderson AAA CLO ETF during the 3rd quarter valued at about $45,000. Finally, First Horizon Advisors Inc. increased its position in shares of Janus Henderson AAA CLO ETF by 63.8% during the 2nd quarter. First Horizon Advisors Inc. now owns 981 shares of the company’s stock valued at $50,000 after purchasing an additional 382 shares during the last quarter.

Janus Henderson AAA CLO ETF Price Performance

JAAA opened at $50.71 on Friday. The company’s 50 day moving average is $50.64 and its 200 day moving average is $50.66. Janus Henderson AAA CLO ETF has a 12-month low of $49.65 and a 12-month high of $50.95.

Janus Henderson AAA CLO ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Friday, January 30th were paid a dividend of $0.1819 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Friday, January 30th.

Janus Henderson AAA CLO ETF Profile

The Janus Henderson AAA CLO ETF (JAAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide current income by actively selecting investment-grade floating rate collateralized loan obligations (CLO) securities of various maturities from issuers around the globe. JAAA was launched on Oct 16, 2020 and is managed by Janus Henderson.