iShares AAA CLO Active ETF (NASDAQ:CLOA) Trading Up 0.1% – What’s Next?

iShares AAA CLO Active ETF (NASDAQ:CLOA) shares traded up 0.1% on Friday . The stock traded as high as $51.93 and last traded at $51.92. 334,326 shares traded hands during mid-day trading, a decline of 36% from the average daily volume of 518,901 shares. The stock had previously closed at $51.87.

iShares AAA CLO Active ETF Stock Performance

The stock’s 50-day moving average price is $51.87 and its 200-day moving average price is $51.84.

iShares AAA CLO Active ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a $0.196 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Wednesday, July 1st.

Hedge Funds Weigh In On iShares AAA CLO Active ETF

Hedge funds have recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC bought a new position in shares of iShares AAA CLO Active ETF in the 1st quarter valued at about $26,000. Private Trust Co. NA increased its holdings in shares of iShares AAA CLO Active ETF by 87.7% in the fourth quarter. Private Trust Co. NA now owns 1,081 shares of the company’s stock worth $56,000 after acquiring an additional 505 shares in the last quarter. Huntington National Bank raised its holdings in iShares AAA CLO Active ETF by 22.5% during the 4th quarter. Huntington National Bank now owns 3,176 shares of the company’s stock worth $164,000 after buying an additional 583 shares during the period. Farther Finance Advisors LLC acquired a new stake in shares of iShares AAA CLO Active ETF during the fourth quarter worth $31,000. Finally, Beacon Financial Group boosted its stake in iShares AAA CLO Active ETF by 3.8% in the 1st quarter. Beacon Financial Group now owns 18,905 shares of the company’s stock worth $980,000 after purchasing an additional 698 shares during the period.

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.