Alternative Access First Priority CLO Bond ETF (NYSEARCA:AAA) Trading Up 0.1% – Time to Buy?

Shares of Alternative Access First Priority CLO Bond ETF (NYSEARCA:AAAGet Free Report) were up 0.1% on Friday . The stock traded as high as $24.96 and last traded at $24.95. Approximately 904 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 8,056 shares. The stock had previously closed at $24.93.

Alternative Access First Priority CLO Bond ETF Price Performance

The company has a 50-day simple moving average of $24.95 and a two-hundred day simple moving average of $24.99.

Alternative Access First Priority CLO Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were given a $0.0942 dividend. The ex-dividend date was Friday, February 27th. This represents a c) annualized dividend and a yield of 4.5%.

About Alternative Access First Priority CLO Bond ETF

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The AXS First Priority CLO Bond ETF (AAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide income by actively selecting USD-denominated, investment-grade collateralized loan obligations, or CLO bonds, of any maturity. AAA was launched on Sep 9, 2020 and is managed by AXS Investments.

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