Brown Wealth Management LLC Purchases 12,827 Shares of Janus Henderson AAA CLO ETF $JAAA

Brown Wealth Management LLC lifted its position in shares of Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) by 9.7% during the third quarter, Holdings Channel.com reports. The firm owned 145,682 shares of the company’s stock after buying an additional 12,827 shares during the quarter. Janus Henderson AAA CLO ETF accounts for 2.1% of Brown Wealth Management LLC’s portfolio, making the stock its 11th biggest holding. Brown Wealth Management LLC’s holdings in Janus Henderson AAA CLO ETF were worth $7,398,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Financial Network Wealth Advisors LLC increased its position in Janus Henderson AAA CLO ETF by 11.9% during the 3rd quarter. Financial Network Wealth Advisors LLC now owns 2,241 shares of the company’s stock worth $114,000 after buying an additional 238 shares during the period. Segment Wealth Management LLC boosted its position in shares of Janus Henderson AAA CLO ETF by 0.8% in the third quarter. Segment Wealth Management LLC now owns 32,890 shares of the company’s stock valued at $1,670,000 after acquiring an additional 250 shares during the period. Hobbs Group Advisors LLC grew its stake in shares of Janus Henderson AAA CLO ETF by 1.8% in the second quarter. Hobbs Group Advisors LLC now owns 16,506 shares of the company’s stock valued at $838,000 after acquiring an additional 297 shares in the last quarter. tru Independence LLC increased its position in Janus Henderson AAA CLO ETF by 0.7% during the third quarter. tru Independence LLC now owns 42,524 shares of the company’s stock worth $2,159,000 after acquiring an additional 305 shares during the period. Finally, Cyndeo Wealth Partners LLC raised its stake in Janus Henderson AAA CLO ETF by 3.3% in the 2nd quarter. Cyndeo Wealth Partners LLC now owns 9,747 shares of the company’s stock worth $495,000 after purchasing an additional 310 shares in the last quarter.

Janus Henderson AAA CLO ETF Price Performance

NYSEARCA JAAA opened at $50.69 on Tuesday. Janus Henderson AAA CLO ETF has a 12-month low of $49.65 and a 12-month high of $50.95. The firm has a 50-day moving average price of $50.63 and a two-hundred day moving average price of $50.66.

Janus Henderson AAA CLO ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, February 5th. Shareholders of record on Friday, January 30th will be paid a dividend of $0.1819 per share. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Friday, January 30th.

Janus Henderson AAA CLO ETF Company 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.