Smith Moore & CO. Lowers Stock Position in Janus Henderson AAA CLO ETF $JAAA

Smith Moore & CO. trimmed its position in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) by 38.7% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 191,308 shares of the company’s stock after selling 120,681 shares during the period. Janus Henderson AAA CLO ETF comprises 0.7% of Smith Moore & CO.’s investment portfolio, making the stock its 26th biggest position. Smith Moore & CO.’s holdings in Janus Henderson AAA CLO ETF were worth $9,715,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of JAAA. IFG Advisory LLC boosted its stake in Janus Henderson AAA CLO ETF by 5.2% in the third quarter. IFG Advisory LLC now owns 214,234 shares of the company’s stock valued at $10,879,000 after acquiring an additional 10,497 shares during the last quarter. Twin Focus Capital Partners LLC increased its stake in shares of Janus Henderson AAA CLO ETF by 1.1% during the 3rd quarter. Twin Focus Capital Partners LLC now owns 290,057 shares of the company’s stock worth $14,729,000 after purchasing an additional 3,048 shares during the last quarter. Diversified Portfolios Inc. raised its holdings in shares of Janus Henderson AAA CLO ETF by 69.2% in the 3rd quarter. Diversified Portfolios Inc. now owns 12,409 shares of the company’s stock worth $630,000 after purchasing an additional 5,075 shares during the period. Viawealth LLC lifted its stake in Janus Henderson AAA CLO ETF by 38.2% in the third quarter. Viawealth LLC now owns 93,900 shares of the company’s stock valued at $4,768,000 after purchasing an additional 25,966 shares during the last quarter. Finally, Laffer Tengler Investments Inc. grew its holdings in Janus Henderson AAA CLO ETF by 17.6% during the third quarter. Laffer Tengler Investments Inc. now owns 31,023 shares of the company’s stock valued at $1,575,000 after purchasing an additional 4,646 shares during the period.

Janus Henderson AAA CLO ETF Price Performance

Shares of JAAA opened at $50.43 on Friday. Janus Henderson AAA CLO ETF has a fifty-two week low of $49.65 and a fifty-two week high of $50.85. The business has a 50-day moving average of $50.66 and a 200 day moving average of $50.65.

Janus Henderson AAA CLO ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Friday, February 27th were paid a $0.1934 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 4.6%. This is a boost 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.