Landing Point Financial Group LLC Has $14.02 Million Stock Position in iShares AAA CLO Active ETF $CLOA

Landing Point Financial Group LLC boosted its position in shares of iShares AAA CLO Active ETF (NASDAQ:CLOA) by 6.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 270,956 shares of the company’s stock after purchasing an additional 15,235 shares during the period. iShares AAA CLO Active ETF comprises 7.0% of Landing Point Financial Group LLC’s holdings, making the stock its 4th largest position. Landing Point Financial Group LLC owned approximately 0.97% of iShares AAA CLO Active ETF worth $14,021,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Kickstand Ventures LLC. increased its holdings in iShares AAA CLO Active ETF by 10.8% during the 3rd quarter. Kickstand Ventures LLC. now owns 122,483 shares of the company’s stock worth $6,365,000 after purchasing an additional 11,926 shares in the last quarter. Bulwark Capital Corp increased its holdings in iShares AAA CLO Active ETF by 92.3% during the 4th quarter. Bulwark Capital Corp now owns 45,373 shares of the company’s stock worth $2,348,000 after purchasing an additional 21,782 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in iShares AAA CLO Active ETF by 4.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 141,784 shares of the company’s stock worth $7,368,000 after purchasing an additional 5,437 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares AAA CLO Active ETF by 93.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,810 shares of the company’s stock worth $198,000 after purchasing an additional 1,838 shares in the last quarter. Finally, Synergy Investment Management LLC bought a new position in iShares AAA CLO Active ETF during the 4th quarter worth about $346,000.

iShares AAA CLO Active ETF Stock Performance

CLOA stock opened at $51.83 on Monday. The stock has a 50-day moving average price of $51.85 and a two-hundred day moving average price of $51.83. iShares AAA CLO Active ETF has a 1 year low of $51.53 and a 1 year high of $52.05.

iShares AAA CLO Active ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a $0.2046 dividend. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Monday, June 1st. This is a positive change from iShares AAA CLO Active ETF’s previous monthly dividend of $0.19.

iShares AAA CLO Active ETF 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.