iShares AAA CLO Active ETF (NASDAQ:CLOA) Short Interest Down 66.6% in June

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 44,920 shares, a drop of 66.6% from the May 31st total of 134,645 shares. Based on an average trading volume of 408,994 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Trading of iShares AAA CLO Active ETF

Hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its stake in shares of iShares AAA CLO Active ETF by 2.5% in the second quarter. JPMorgan Chase & Co. now owns 136,347 shares of the company’s stock worth $7,079,000 after buying an additional 3,389 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of iShares AAA CLO Active ETF by 93.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,810 shares of the company’s stock valued at $198,000 after acquiring an additional 1,838 shares during the period. Landing Point Financial Group LLC grew its stake in shares of iShares AAA CLO Active ETF by 5.7% during the 3rd quarter. Landing Point Financial Group LLC now owns 255,721 shares of the company’s stock valued at $13,289,000 after acquiring an additional 13,761 shares during the period. Imprint Wealth LLC purchased a new stake in iShares AAA CLO Active ETF in the 3rd quarter worth approximately $67,000. Finally, Flow Traders U.S. LLC increased its holdings in iShares AAA CLO Active ETF by 4.0% in the 3rd quarter. Flow Traders U.S. LLC now owns 19,577 shares of the company’s stock worth $1,017,000 after acquiring an additional 755 shares in the last quarter.

iShares AAA CLO Active ETF Trading Up 0.0%

Shares of iShares AAA CLO Active ETF stock traded up $0.01 on Friday, hitting $51.92. 289,981 shares of the company’s stock were exchanged, compared to its average volume of 531,777. iShares AAA CLO Active ETF has a 1 year low of $51.53 and a 1 year high of $52.05. The company has a 50-day simple moving average of $51.89 and a 200-day simple moving average of $51.83.

iShares AAA CLO Active ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a dividend of $0.2046 per share. This represents a c) annualized dividend and a yield of 4.7%. This is a boost from iShares AAA CLO Active ETF’s previous monthly dividend of $0.19. The ex-dividend date was Monday, June 1st.

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.