Ocean Park Asset Management LLC Makes New $17.89 Million Investment in Janus Henderson AAA CLO ETF $JAAA

Ocean Park Asset Management LLC purchased a new stake in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 353,600 shares of the company’s stock, valued at approximately $17,885,000. Janus Henderson AAA CLO ETF makes up 0.8% of Ocean Park Asset Management LLC’s portfolio, making the stock its 24th biggest holding.

Other large investors also recently modified their holdings of the company. Castle Wealth Management LLC increased its position 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 valued at $11,040,000 after buying an additional 157,575 shares in the last quarter. Harbor Investment Advisory LLC increased its position in shares of Janus Henderson AAA CLO ETF by 12.3% during the third quarter. Harbor Investment Advisory LLC now owns 126,754 shares of the company’s stock worth $6,437,000 after acquiring an additional 13,870 shares in the last quarter. Dynamic Financial Group acquired a new stake in shares of Janus Henderson AAA CLO ETF in the 3rd quarter worth about $578,000. Destiny Wealth Partners LLC raised its holdings in shares of Janus Henderson AAA CLO ETF by 5.3% in the 3rd quarter. Destiny Wealth Partners LLC now owns 913,944 shares of the company’s stock worth $46,410,000 after acquiring an additional 45,731 shares during the last quarter. Finally, Cooper Financial Group lifted its position in Janus Henderson AAA CLO ETF by 23.6% in the 4th quarter. Cooper Financial Group now owns 60,448 shares of the company’s stock valued at $3,057,000 after acquiring an additional 11,554 shares in the last quarter.

Janus Henderson AAA CLO ETF Stock Performance

JAAA stock opened at $50.50 on Monday. Janus Henderson AAA CLO ETF has a 52-week low of $49.65 and a 52-week high of $50.85. The business has a 50-day simple moving average of $50.62 and a two-hundred day simple moving average of $50.63.

Janus Henderson AAA CLO ETF Increases Dividend

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

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.