Summit Financial Strategies Inc. Has $4.56 Million Stake in Janus Henderson AAA CLO ETF $JAAA

Summit Financial Strategies Inc. boosted its stake in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) by 12.6% during the 1st quarter, HoldingsChannel reports. The fund owned 90,554 shares of the company’s stock after acquiring an additional 10,119 shares during the quarter. Janus Henderson AAA CLO ETF comprises 0.4% of Summit Financial Strategies Inc.’s investment portfolio, making the stock its 28th largest position. Summit Financial Strategies Inc.’s holdings in Janus Henderson AAA CLO ETF were worth $4,561,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Bison Wealth LLC increased its holdings in Janus Henderson AAA CLO ETF by 14.5% during the 4th quarter. Bison Wealth LLC now owns 49,316 shares of the company’s stock worth $2,501,000 after purchasing an additional 6,241 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of Janus Henderson AAA CLO ETF in the first quarter valued at about $24,903,000. Cerity Partners LLC lifted its holdings in shares of Janus Henderson AAA CLO ETF by 26.4% in the second quarter. Cerity Partners LLC now owns 20,609 shares of the company’s stock valued at $1,046,000 after purchasing an additional 4,305 shares in the last quarter. Qube Research & Technologies Ltd boosted its position in shares of Janus Henderson AAA CLO ETF by 140.3% during the second quarter. Qube Research & Technologies Ltd now owns 19,499 shares of the company’s stock worth $990,000 after buying an additional 11,385 shares during the period. Finally, Main Street Financial Solutions LLC boosted its position in shares of Janus Henderson AAA CLO ETF by 11.2% during the second quarter. Main Street Financial Solutions LLC now owns 12,282 shares of the company’s stock worth $623,000 after buying an additional 1,235 shares during the period.

Janus Henderson AAA CLO ETF Stock Performance

Shares of NYSEARCA:JAAA remained flat at $50.55 during mid-day trading on Friday. The company had a trading volume of 4,057,998 shares, compared to its average volume of 5,959,671. Janus Henderson AAA CLO ETF has a fifty-two week low of $50.32 and a fifty-two week high of $50.85. The business’s 50 day moving average price is $50.60 and its 200 day moving average price is $50.60.

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.