iShares AAA CLO Active ETF (NASDAQ:CLOA) Short Interest Update

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 104,600 shares, a decrease of 78.5% from the August 31st total of 485,400 shares. Based on an average daily volume of 390,800 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 390,800 shares, the days-to-cover ratio is currently 0.3 days.

iShares AAA CLO Active ETF Price Performance

Shares of NASDAQ CLOA opened at $51.78 on Friday. iShares AAA CLO Active ETF has a 52-week low of $50.61 and a 52-week high of $52.12. The business has a 50-day moving average price of $51.87 and a 200 day moving average price of $51.75.

iShares AAA CLO Active ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, October 6th. Investors of record on Wednesday, October 1st will be given a $0.2202 dividend. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%.

Institutional Trading of iShares AAA CLO Active ETF

A number of large investors have recently made changes to their positions in the company. Flow Traders U.S. LLC acquired a new stake in shares of iShares AAA CLO Active ETF in the 2nd quarter valued at about $977,000. JPMorgan Chase & Co. boosted its position in shares of iShares AAA CLO Active ETF by 2.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 136,347 shares of the company’s stock valued at $7,079,000 after purchasing an additional 3,389 shares during the period. First Horizon Advisors Inc. boosted its position in shares of iShares AAA CLO Active ETF by 51.7% in the 2nd quarter. First Horizon Advisors Inc. now owns 581 shares of the company’s stock valued at $30,000 after purchasing an additional 198 shares during the period. Huntington National Bank boosted its position in shares of iShares AAA CLO Active ETF by 30.5% in the 2nd quarter. Huntington National Bank now owns 2,593 shares of the company’s stock valued at $135,000 after purchasing an additional 606 shares during the period. Finally, Duncan Williams Asset Management LLC purchased a new stake in iShares AAA CLO Active ETF during the 2nd quarter valued at approximately $5,740,000.

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.