iShares AAA CLO Active ETF (NASDAQ:CLOA) Sees Unusually-High Trading Volume – Here’s Why

iShares AAA CLO Active ETF (NASDAQ:CLOA) saw unusually-high trading volume on Monday . Approximately 500,846 shares changed hands during trading, a decline of 13% from the previous session’s volume of 577,615 shares.The stock last traded at $51.87 and had previously closed at $51.88.

iShares AAA CLO Active ETF Stock Performance

The business’s 50-day simple moving average is $51.78 and its 200 day simple moving average is $51.82.

iShares AAA CLO Active ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were issued a $0.1971 dividend. The ex-dividend date was Friday, May 1st.

Institutional Trading of iShares AAA CLO Active ETF

A number of institutional investors have recently modified their holdings of CLOA. Cornerstone Planning Group LLC bought a new stake in shares of iShares AAA CLO Active ETF in the 1st quarter valued at about $26,000. Farther Finance Advisors LLC bought a new stake in shares of iShares AAA CLO Active ETF in the 4th quarter valued at about $31,000. Private Trust Co. NA boosted its holdings in shares of iShares AAA CLO Active ETF by 87.7% in the 4th quarter. Private Trust Co. NA now owns 1,081 shares of the company’s stock valued at $56,000 after buying an additional 505 shares in the last quarter. Imprint Wealth LLC bought a new stake in shares of iShares AAA CLO Active ETF in the 3rd quarter valued at about $67,000. Finally, Kelleher Financial Advisors bought a new stake in shares of iShares AAA CLO Active ETF in the 4th quarter valued at about $112,000.

iShares AAA CLO Active ETF Company Profile

The BlackRock AAA CLO ETF (CLOA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in USD-denominated CLOs that are rated AAA. CLOA was launched on Jan 10, 2023 and is managed by BlackRock.