Meridian Wealth Management LLC Decreases Stake in Janus Henderson AAA CLO ETF $JAAA

Meridian Wealth Management LLC decreased its position in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) by 70.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 7,255 shares of the company’s stock after selling 17,541 shares during the period. Meridian Wealth Management LLC’s holdings in Janus Henderson AAA CLO ETF were worth $367,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of JAAA. Cooper Financial Group boosted its holdings in Janus Henderson AAA CLO ETF by 23.6% in the 4th quarter. Cooper Financial Group now owns 60,448 shares of the company’s stock valued at $3,057,000 after purchasing an additional 11,554 shares during the period. Castle Wealth Management LLC boosted 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 purchasing an additional 157,575 shares during the period. Dynamic Financial Group bought a new position in Janus Henderson AAA CLO ETF in the 3rd quarter valued at $578,000. Drake & Associates LLC boosted its holdings in Janus Henderson AAA CLO ETF by 17.9% in the 3rd 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 period. Finally, Gradient Investments LLC raised its position in shares of Janus Henderson AAA CLO ETF by 8.0% during the 4th quarter. Gradient Investments LLC now owns 1,257,023 shares of the company’s stock valued at $63,580,000 after buying an additional 92,669 shares in the last quarter.

Janus Henderson AAA CLO ETF Stock Performance

Janus Henderson AAA CLO ETF stock opened at $50.63 on Friday. The firm’s fifty day moving average price is $50.53 and its 200-day moving average price is $50.60. Janus Henderson AAA CLO ETF has a fifty-two week low of $50.13 and a fifty-two week 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 given a dividend of $0.1934 per share. This is an increase from Janus Henderson AAA CLO ETF’s previous monthly dividend of $0.18. The ex-dividend date was Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 4.6%.

Janus Henderson AAA CLO ETF 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.