Ehrenkranz Partners L.P. Invests $8.19 Million in Janus Henderson AAA CLO ETF $JAAA

Ehrenkranz Partners L.P. acquired a new stake in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 161,261 shares of the company’s stock, valued at approximately $8,189,000. Janus Henderson AAA CLO ETF comprises 7.2% of Ehrenkranz Partners L.P.’s holdings, making the stock its 4th largest position.

Several other institutional investors and hedge funds have also modified their holdings of JAAA. Castle Wealth Management LLC raised its holdings 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 acquiring an additional 157,575 shares during the last quarter. Harbor Investment Advisory LLC boosted its holdings 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 purchasing an additional 13,870 shares during the last quarter. Dynamic Financial Group purchased a new stake in shares of Janus Henderson AAA CLO ETF in the third quarter valued at $578,000. Destiny Wealth Partners LLC increased its stake in Janus Henderson AAA CLO ETF by 5.3% in the third quarter. Destiny Wealth Partners LLC now owns 913,944 shares of the company’s stock valued at $46,410,000 after purchasing an additional 45,731 shares during the last quarter. Finally, Drake & Associates LLC increased its stake in Janus Henderson AAA CLO ETF by 17.9% in the third quarter. Drake & Associates LLC now owns 579,797 shares of the company’s stock valued at $29,320,000 after purchasing an additional 87,865 shares during the last quarter.

Janus Henderson AAA CLO ETF Trading Down 0.2%

NYSEARCA JAAA opened at $50.38 on Friday. The business’s 50-day moving average price is $50.65 and its 200 day moving average price is $50.64. Janus Henderson AAA CLO ETF has a twelve month low of $49.65 and a twelve month high of $50.85.

Janus Henderson AAA CLO ETF Increases Dividend

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

About Janus Henderson AAA CLO ETF

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.