iShares AAA CLO Active ETF (NASDAQ:CLOA) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

iShares AAA CLO Active ETF (NASDAQ:CLOA)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $51.85 and traded as high as $51.85. iShares AAA CLO Active ETF shares last traded at $51.82, with a volume of 76,456 shares.

iShares AAA CLO Active ETF Stock Performance

The stock’s 50-day moving average is $51.84 and its 200-day moving average is $51.85.

iShares AAA CLO Active ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were issued a dividend of $0.2605 per share. The ex-dividend date was Monday, December 2nd.

Institutional Investors Weigh In On iShares AAA CLO Active ETF

Several hedge funds have recently made changes to their positions in CLOA. First Horizon Advisors Inc. bought a new position in iShares AAA CLO Active ETF during the second quarter valued at about $60,000. LGT Financial Advisors LLC bought a new position in shares of iShares AAA CLO Active ETF during the 2nd quarter worth about $114,000. Chris Bulman Inc acquired a new stake in shares of iShares AAA CLO Active ETF during the 2nd quarter valued at about $147,000. SigFig Wealth Management LLC bought a new stake in iShares AAA CLO Active ETF in the second quarter valued at about $237,000. Finally, Freestate Advisors LLC acquired a new position in iShares AAA CLO Active ETF in the third quarter worth about $258,000.

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.