Westover Capital Advisors LLC Raises Stake in Janus Henderson AAA CLO ETF $JAAA

Westover Capital Advisors LLC raised its holdings in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) by 11.0% during the fourth quarter, HoldingsChannel reports. The firm owned 165,014 shares of the company’s stock after buying an additional 16,401 shares during the period. Janus Henderson AAA CLO ETF comprises about 1.5% of Westover Capital Advisors LLC’s investment portfolio, making the stock its 18th biggest holding. Westover Capital Advisors LLC’s holdings in Janus Henderson AAA CLO ETF were worth $8,346,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in JAAA. Cooper Financial Group grew its stake in shares of Janus Henderson AAA CLO ETF by 23.6% in the 4th quarter. Cooper Financial Group now owns 60,448 shares of the company’s stock valued at $3,057,000 after purchasing an additional 11,554 shares during the last quarter. Castle Wealth Management LLC raised its stake in shares of Janus Henderson AAA CLO ETF by 263.3% during the third quarter. Castle Wealth Management LLC now owns 217,411 shares of the company’s stock worth $11,040,000 after purchasing an additional 157,575 shares during the last quarter. Drake & Associates LLC raised its stake in shares of Janus Henderson AAA CLO ETF by 17.9% during the third quarter. Drake & Associates LLC now owns 579,797 shares of the company’s stock worth $29,320,000 after purchasing an additional 87,865 shares during the last quarter. Gradient Investments LLC raised its stake in shares of Janus Henderson AAA CLO ETF by 8.0% during the fourth quarter. Gradient Investments LLC now owns 1,257,023 shares of the company’s stock worth $63,580,000 after purchasing an additional 92,669 shares during the last quarter. Finally, Absolute Capital Management LLC raised its stake in shares of Janus Henderson AAA CLO ETF by 47.7% during the third quarter. Absolute Capital Management LLC now owns 76,628 shares of the company’s stock worth $3,891,000 after purchasing an additional 24,744 shares during the last quarter.

Janus Henderson AAA CLO ETF Stock Performance

Janus Henderson AAA CLO ETF stock opened at $50.69 on Monday. The business has a 50 day simple moving average of $50.56 and a 200-day simple moving average of $50.60. Janus Henderson AAA CLO ETF has a 12 month low of $50.13 and a 12 month high of $50.85.

Janus Henderson AAA CLO ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Friday, February 27th were paid a $0.1934 dividend. This is a boost from Janus Henderson AAA CLO ETF’s previous monthly dividend of $0.18. The ex-dividend date was Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 4.6%.

About Janus Henderson AAA CLO ETF

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.