Ridgeline Wealth LLC Makes New $4.55 Million Investment in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA)

Ridgeline Wealth LLC purchased a new stake in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 89,695 shares of the company’s stock, valued at approximately $4,548,000. Janus Henderson AAA CLO ETF makes up about 3.7% of Ridgeline Wealth LLC’s holdings, making the stock its 9th biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in JAAA. Sachetta LLC bought a new position in Janus Henderson AAA CLO ETF during the 2nd quarter worth about $26,000. Financial Gravity Asset Management Inc. bought a new position in shares of Janus Henderson AAA CLO ETF during the second quarter worth about $54,000. Studio Investment Management LLC acquired a new stake in Janus Henderson AAA CLO ETF in the 2nd quarter valued at approximately $100,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in Janus Henderson AAA CLO ETF by 98.6% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,075 shares of the company’s stock valued at $106,000 after acquiring an additional 1,030 shares in the last quarter. Finally, Scarborough Advisors LLC lifted its stake in Janus Henderson AAA CLO ETF by 15.5% in the 2nd quarter. Scarborough Advisors LLC now owns 2,184 shares of the company’s stock valued at $111,000 after acquiring an additional 293 shares in the last quarter.

Janus Henderson AAA CLO ETF Price Performance

Shares of JAAA traded up $0.03 during mid-day trading on Monday, hitting $50.77. 10,665,485 shares of the company’s stock were exchanged, compared to its average volume of 7,082,568. Janus Henderson AAA CLO ETF has a 52 week low of $49.87 and a 52 week high of $50.99. The company has a 50-day simple moving average of $50.80 and a 200 day simple moving average of $50.78.

Janus Henderson AAA CLO ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, November 7th. Investors of record on Friday, November 1st were given a $0.2533 dividend. The ex-dividend date of this dividend was Friday, November 1st.

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.