JPMorgan Chase & Co. Sells 14,115 Shares of iShares AAA CLO Active ETF (NASDAQ:CLOA)

JPMorgan Chase & Co. reduced its stake in iShares AAA CLO Active ETF (NASDAQ:CLOA) by 10.2% in the 4th quarter, Holdings Channel reports. The firm owned 123,704 shares of the company’s stock after selling 14,115 shares during the period. JPMorgan Chase & Co.’s holdings in iShares AAA CLO Active ETF were worth $6,404,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in CLOA. Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares AAA CLO Active ETF in the fourth quarter valued at approximately $26,000. PSI Advisors LLC grew its stake in iShares AAA CLO Active ETF by 76.2% in the 4th quarter. PSI Advisors LLC now owns 916 shares of the company’s stock valued at $47,000 after buying an additional 396 shares during the last quarter. Finally, IFP Advisors Inc raised its holdings in iShares AAA CLO Active ETF by 1.3% in the 4th quarter. IFP Advisors Inc now owns 14,876 shares of the company’s stock worth $770,000 after acquiring an additional 194 shares during the period.

iShares AAA CLO Active ETF Price Performance

iShares AAA CLO Active ETF stock opened at $51.44 on Friday. The firm has a fifty day moving average price of $51.65 and a two-hundred day moving average price of $51.77. iShares AAA CLO Active ETF has a fifty-two week low of $50.61 and a fifty-two week high of $52.12.

iShares AAA CLO Active ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were paid a dividend of $0.2462 per share. The ex-dividend date was Tuesday, April 1st. This represents a $2.95 annualized dividend and a yield of 5.74%.

iShares AAA CLO Active ETF Company Profile

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.