Park Avenue Securities LLC Increases Position in Janus Henderson AAA CLO ETF $JAAA

Park Avenue Securities LLC raised its holdings in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) by 480.8% in the fourth quarter, Holdings Channel reports. The fund owned 243,147 shares of the company’s stock after buying an additional 201,284 shares during the period. Park Avenue Securities LLC’s holdings in Janus Henderson AAA CLO ETF were worth $12,298,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of JAAA. Miller Global Investments LLC acquired a new position in shares of Janus Henderson AAA CLO ETF during the 4th quarter worth approximately $4,845,000. CGN Advisors LLC grew its position in shares of Janus Henderson AAA CLO ETF by 8.4% in the fourth quarter. CGN Advisors LLC now owns 20,848 shares of the company’s stock valued at $1,054,000 after purchasing an additional 1,610 shares in the last quarter. GK Wealth Management LLC increased its holdings in shares of Janus Henderson AAA CLO ETF by 13.1% in the fourth quarter. GK Wealth Management LLC now owns 43,065 shares of the company’s stock valued at $2,178,000 after purchasing an additional 5,000 shares during the last quarter. City Center Advisors LLC purchased a new position in Janus Henderson AAA CLO ETF during the fourth quarter worth approximately $282,000. Finally, Advisors Management Group Inc. ADV lifted its position in Janus Henderson AAA CLO ETF by 2.1% during the third quarter. Advisors Management Group Inc. ADV now owns 1,761,998 shares of the company’s stock worth $89,474,000 after buying an additional 36,531 shares in the last quarter.

Janus Henderson AAA CLO ETF Price Performance

NYSEARCA JAAA opened at $50.50 on Friday. The stock’s fifty day moving average is $50.63 and its two-hundred day moving average is $50.63. Janus Henderson AAA CLO ETF has a fifty-two week low of $49.65 and a fifty-two week high of $50.85.

Janus Henderson AAA CLO ETF Increases Dividend

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

About Janus Henderson AAA CLO ETF

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.