NBC Securities Inc. Buys 1,430 Shares of iShares AAA CLO Active ETF (NASDAQ:CLOA)

NBC Securities Inc. lifted its stake in shares of iShares AAA CLO Active ETF (NASDAQ:CLOA) by 143,000.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,431 shares of the company’s stock after purchasing an additional 1,430 shares during the quarter. NBC Securities Inc.’s holdings in iShares AAA CLO Active ETF were worth $74,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Cary Street Partners Financial LLC purchased a new position in shares of iShares AAA CLO Active ETF in the 4th quarter worth about $1,631,000. Concourse Financial Group Securities Inc. boosted its holdings in shares of iShares AAA CLO Active ETF by 13.0% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 83,782 shares of the company’s stock worth $4,349,000 after purchasing an additional 9,659 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares AAA CLO Active ETF during the 4th quarter valued at about $26,000. Finally, IFP Advisors Inc boosted its holdings in iShares AAA CLO Active ETF by 1.3% during the 4th quarter. IFP Advisors Inc now owns 14,876 shares of the company’s stock valued at $770,000 after acquiring an additional 194 shares during the period.

iShares AAA CLO Active ETF Stock Performance

Shares of CLOA stock opened at $51.77 on Wednesday. iShares AAA CLO Active ETF has a 1-year low of $50.61 and a 1-year high of $52.12. The business has a 50-day moving average of $51.59 and a 200 day moving average of $51.74.

iShares AAA CLO Active ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were issued a $0.2419 dividend. The ex-dividend date was Monday, June 2nd. This represents a $2.90 annualized dividend and a yield of 5.61%. This is a boost from iShares AAA CLO Active ETF’s previous monthly dividend of $0.24.

iShares AAA CLO Active ETF 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.