iShares AAA CLO Active ETF (NASDAQ:CLOA) to Issue Monthly Dividend of $0.20

iShares AAA CLO Active ETF (NASDAQ:CLOA) declared a monthly dividend on Wednesday, September 30th. Shareholders of record on Thursday, October 1st will be paid a dividend of $0.2022 per share on Tuesday, October 6th. This represents a $2.43 annualized dividend and a yield of 4.7%. The ex-dividend date is Thursday, October 1st. This is a 5.2% decrease from iShares AAA CLO Active ETF’s previous monthly dividend of $0.2132.

iShares AAA CLO Active ETF Price Performance

Shares of NASDAQ CLOA opened at $51.88 on Thursday. iShares AAA CLO Active ETF has a 1 year low of $51.53 and a 1 year high of $52.05. The firm has a fifty day moving average price of $51.89 and a 200-day moving average price of $51.86.

Hedge Funds Weigh In On iShares AAA CLO Active ETF

Several large investors have recently made changes to their positions in CLOA. Cornerstone Planning Group LLC purchased a new position in iShares AAA CLO Active ETF in the 1st quarter worth approximately $26,000. EverSource Wealth Advisors LLC purchased a new position in shares of iShares AAA CLO Active ETF in the first quarter worth $45,000. Trust Co. of Vermont bought a new position in shares of iShares AAA CLO Active ETF during the second quarter worth $68,000. Markowski Investments purchased a new position in iShares AAA CLO Active ETF during the second quarter valued at $200,000. Finally, Venturi Wealth Management LLC bought a new stake in iShares AAA CLO Active ETF in the 1st quarter valued at $307,000.

About iShares AAA CLO Active ETF

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.