iShares AAA CLO Active ETF (NASDAQ:CLOA) Trading Up 0.1% – Time to Buy?

Shares of iShares AAA CLO Active ETF (NASDAQ:CLOA) rose 0.1% on Friday . The stock traded as high as $51.93 and last traded at $51.92. 334,326 shares changed hands during trading, a decline of 36% from the average session volume of 518,901 shares. The stock had previously closed at $51.87.

iShares AAA CLO Active ETF Trading Up 0.1%

The stock has a fifty day moving average of $51.87 and a 200-day moving average of $51.84.

iShares AAA CLO Active ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.196 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Trading of iShares AAA CLO Active ETF

Institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its holdings in iShares AAA CLO Active ETF by 708.1% during the fourth quarter. JPMorgan Chase & Co. now owns 1,145,717 shares of the company’s stock worth $59,285,000 after purchasing an additional 1,003,933 shares during the last quarter. Landing Point Financial Group LLC increased its stake in iShares AAA CLO Active ETF by 6.0% in the 4th quarter. Landing Point Financial Group LLC now owns 270,956 shares of the company’s stock valued at $14,021,000 after buying an additional 15,235 shares during the last quarter. Kickstand Ventures LLC. lifted its position in iShares AAA CLO Active ETF by 4.0% during the 4th quarter. Kickstand Ventures LLC. now owns 127,331 shares of the company’s stock worth $6,589,000 after buying an additional 4,848 shares in the last quarter. Captrust Financial Advisors lifted its position in iShares AAA CLO Active ETF by 396.6% during the 4th quarter. Captrust Financial Advisors now owns 105,230 shares of the company’s stock worth $5,445,000 after buying an additional 84,040 shares in the last quarter. Finally, Bulwark Capital Corp boosted its stake in shares of iShares AAA CLO Active ETF by 39.4% during the 2nd quarter. Bulwark Capital Corp now owns 98,567 shares of the company’s stock worth $5,117,000 after buying an additional 27,872 shares during the last quarter.

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.