iShares AAA CLO Active ETF (NASDAQ:CLOA) Sees Unusually-High Trading Volume – Here’s Why

Shares of iShares AAA CLO Active ETF (NASDAQ:CLOA) saw unusually-strong trading volume on Monday . Approximately 500,846 shares changed hands during mid-day trading, a decline of 13% from the previous session’s volume of 577,615 shares.The stock last traded at $51.87 and had previously closed at $51.88.

iShares AAA CLO Active ETF Stock Up 0.0%

The firm’s 50-day simple moving average is $51.78 and its 200-day simple moving average is $51.82.

iShares AAA CLO Active ETF Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a $0.1971 dividend. The ex-dividend date was Friday, May 1st.

Hedge Funds Weigh In On iShares AAA CLO Active ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC bought a new stake in shares of iShares AAA CLO Active ETF in the 1st quarter worth approximately $26,000. Farther Finance Advisors LLC bought a new stake in shares of iShares AAA CLO Active ETF during the fourth quarter valued at approximately $31,000. Private Trust Co. NA raised its stake in shares of iShares AAA CLO Active ETF by 87.7% in the fourth quarter. Private Trust Co. NA now owns 1,081 shares of the company’s stock valued at $56,000 after purchasing an additional 505 shares in the last quarter. Imprint Wealth LLC acquired a new position in shares of iShares AAA CLO Active ETF in the third quarter valued at $67,000. Finally, Kelleher Financial Advisors bought a new position in iShares AAA CLO Active ETF in the fourth quarter worth $112,000.

About iShares AAA CLO Active ETF

The BlackRock AAA CLO ETF (CLOA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in USD-denominated CLOs that are rated AAA. CLOA was launched on Jan 10, 2023 and is managed by BlackRock.