iShares AAA CLO Active ETF $CLOA Stake Increased by Pension & Wealth Management Advisors Inc.

Pension & Wealth Management Advisors Inc. lifted its stake in shares of iShares AAA CLO Active ETF (NASDAQ:CLOA) by 17.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 147,881 shares of the company’s stock after acquiring an additional 22,381 shares during the period. iShares AAA CLO Active ETF makes up 1.7% of Pension & Wealth Management Advisors Inc.’s investment portfolio, making the stock its 11th biggest position. Pension & Wealth Management Advisors Inc. owned about 0.28% of iShares AAA CLO Active ETF worth $7,672,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CLOA. Bulwark Capital Corp grew its position in iShares AAA CLO Active ETF by 39.4% during the second quarter. Bulwark Capital Corp now owns 98,567 shares of the company’s stock valued at $5,117,000 after acquiring an additional 27,872 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of iShares AAA CLO Active ETF by 74.4% in the third quarter. Farther Finance Advisors LLC now owns 18,406 shares of the company’s stock worth $955,000 after purchasing an additional 7,850 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in iShares AAA CLO Active ETF by 73.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 14,865 shares of the company’s stock valued at $771,000 after purchasing an additional 6,308 shares during the period. Venturi Wealth Management LLC purchased a new position in iShares AAA CLO Active ETF during the 1st quarter valued at about $307,000. Finally, Aureus Asset Management LLC increased its holdings in iShares AAA CLO Active ETF by 6.7% during the 1st quarter. Aureus Asset Management LLC now owns 70,834 shares of the company’s stock valued at $3,672,000 after purchasing an additional 4,431 shares during the period.

iShares AAA CLO Active ETF Trading Up 0.0%

CLOA traded up $0.02 during midday trading on Friday, reaching $51.85. 370,264 shares of the company’s stock traded hands, compared to its average volume of 562,514. The firm has a fifty day moving average of $51.87 and a two-hundred day moving average of $51.86. iShares AAA CLO Active ETF has a 52 week low of $51.53 and a 52 week high of $52.05.

iShares AAA CLO Active ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a $0.2022 dividend. The ex-dividend date was Thursday, October 1st. This represents a $2.43 dividend on an annualized basis and a dividend yield of 4.7%. This is a decrease from iShares AAA CLO Active ETF’s previous monthly dividend of $0.2132.

About iShares AAA CLO Active ETF

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.