Seven Mile Advisory Invests $7.34 Million in Janus Henderson AAA CLO ETF $JAAA

Seven Mile Advisory acquired a new stake in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) during the third quarter, according to its most recent 13F filing with the SEC. The fund acquired 144,507 shares of the company’s stock, valued at approximately $7,338,000. Janus Henderson AAA CLO ETF accounts for 1.2% of Seven Mile Advisory’s portfolio, making the stock its 27th largest holding.

Several other institutional investors have also added to or reduced their stakes in the business. Castle Wealth Management LLC boosted its holdings in Janus Henderson AAA CLO ETF by 263.3% in the 3rd quarter. Castle Wealth Management LLC now owns 217,411 shares of the company’s stock worth $11,040,000 after buying an additional 157,575 shares during the period. Harbor Investment Advisory LLC grew its stake in Janus Henderson AAA CLO ETF by 12.3% in the 3rd quarter. Harbor Investment Advisory LLC now owns 126,754 shares of the company’s stock valued at $6,437,000 after buying an additional 13,870 shares in the last quarter. Dynamic Financial Group bought a new stake in Janus Henderson AAA CLO ETF during the 3rd quarter valued at $578,000. Destiny Wealth Partners LLC raised its holdings in Janus Henderson AAA CLO ETF by 5.3% during the 3rd quarter. Destiny Wealth Partners LLC now owns 913,944 shares of the company’s stock valued at $46,410,000 after acquiring an additional 45,731 shares during the period. Finally, Drake & Associates LLC lifted its position in shares of Janus Henderson AAA CLO ETF by 17.9% during the third quarter. Drake & Associates LLC now owns 579,797 shares of the company’s stock worth $29,320,000 after acquiring an additional 87,865 shares in the last quarter.

Janus Henderson AAA CLO ETF Stock Up 0.0%

Janus Henderson AAA CLO ETF stock opened at $50.46 on Friday. Janus Henderson AAA CLO ETF has a one year low of $49.65 and a one year high of $50.85. The business has a fifty day moving average price of $50.65 and a 200-day moving average price of $50.64.

Janus Henderson AAA CLO ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Friday, February 27th were issued a dividend of $0.1934 per share. This is a positive change from Janus Henderson AAA CLO ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 4.6%.

Janus Henderson AAA CLO ETF 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. JAAA was launched on Oct 16, 2020 and is managed by Janus Henderson.