Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) Hits New 1-Year High – Here’s Why

Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) shares hit a new 52-week high during trading on Friday . The company traded as high as $50.98 and last traded at $50.97, with a volume of 93786 shares. The stock had previously closed at $50.94.

Janus Henderson AAA CLO ETF Stock Performance

The firm has a 50 day simple moving average of $50.79 and a two-hundred day simple moving average of $50.77.

Janus Henderson AAA CLO ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, November 7th. Stockholders of record on Friday, November 1st were paid a $0.2533 dividend. The ex-dividend date of this dividend was Friday, November 1st.

Institutional Investors Weigh In On Janus Henderson AAA CLO ETF

Several large investors have recently made changes to their positions in the business. Park Avenue Securities LLC purchased a new position in Janus Henderson AAA CLO ETF in the third quarter valued at approximately $332,000. US Bancorp DE grew its stake in shares of Janus Henderson AAA CLO ETF by 88.6% during the 3rd quarter. US Bancorp DE now owns 10,674 shares of the company’s stock worth $543,000 after acquiring an additional 5,013 shares during the period. CGN Advisors LLC bought a new position in shares of Janus Henderson AAA CLO ETF during the 2nd quarter worth $331,000. Comerica Bank increased its holdings in Janus Henderson AAA CLO ETF by 49.5% in the 1st quarter. Comerica Bank now owns 53,786 shares of the company’s stock worth $2,729,000 after acquiring an additional 17,810 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in Janus Henderson AAA CLO ETF by 3.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,849,026 shares of the company’s stock valued at $94,078,000 after acquiring an additional 58,547 shares during the period.

Janus Henderson AAA CLO ETF Company 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.