iShares AAA CLO Active ETF (NASDAQ:CLOA) Sees Strong Trading Volume – Here’s What Happened

Shares of iShares AAA CLO Active ETF (NASDAQ:CLOA) saw unusually-high trading volume on Wednesday . Approximately 205,431 shares were traded during mid-day trading, an increase of 16% from the previous session’s volume of 177,643 shares.The stock last traded at $51.89 and had previously closed at $51.86.

iShares AAA CLO Active ETF Trading Up 0.0 %

The firm’s fifty day moving average price is $51.82 and its two-hundred day moving average price is $51.83.

iShares AAA CLO Active ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.2447 per share. The ex-dividend date of this dividend was Wednesday, December 18th.

Institutional Trading of iShares AAA CLO Active ETF

Large investors have recently modified their holdings of the company. Envestnet Asset Management Inc. purchased a new position in iShares AAA CLO Active ETF in the second quarter worth about $42,734,000. Axxcess Wealth Management LLC bought a new position in shares of iShares AAA CLO Active ETF in the 2nd quarter worth approximately $1,076,000. Invst LLC purchased a new position in shares of iShares AAA CLO Active ETF in the second quarter worth approximately $576,000. High Falls Advisors Inc bought a new stake in iShares AAA CLO Active ETF during the second quarter valued at approximately $512,000. Finally, Truist Financial Corp purchased a new stake in iShares AAA CLO Active ETF during the second quarter valued at approximately $1,223,000.

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.