Smith Moore & CO. Sells 120,681 Shares of Janus Henderson AAA CLO ETF $JAAA

Smith Moore & CO. decreased its position in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) by 38.7% during the third quarter, Holdings Channel.com reports. The fund owned 191,308 shares of the company’s stock after selling 120,681 shares during the quarter. Janus Henderson AAA CLO ETF accounts for approximately 0.7% of Smith Moore & CO.’s investment portfolio, making the stock its 26th largest position. Smith Moore & CO.’s holdings in Janus Henderson AAA CLO ETF were worth $9,715,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Bessemer Group Inc. bought a new stake in Janus Henderson AAA CLO ETF in the second quarter valued at $30,000. Richardson Capital Management LLC purchased a new stake in shares of Janus Henderson AAA CLO ETF in the 3rd quarter worth about $33,000. Abich Financial Wealth Management LLC bought a new stake in shares of Janus Henderson AAA CLO ETF during the 3rd quarter valued at about $36,000. Creekmur Asset Management LLC bought a new stake in shares of Janus Henderson AAA CLO ETF during the 3rd quarter valued at about $36,000. Finally, Mather Group LLC. purchased a new position in shares of Janus Henderson AAA CLO ETF during the third quarter valued at about $45,000.

Janus Henderson AAA CLO ETF Trading Down 0.1%

JAAA stock opened at $50.43 on Friday. The business’s 50 day moving average price is $50.66 and its two-hundred day moving average price is $50.65. Janus Henderson AAA CLO ETF has a fifty-two week low of $49.65 and a fifty-two week high of $50.85.

Janus Henderson AAA CLO ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Friday, February 27th were issued a dividend of $0.1934 per share. The ex-dividend date was Friday, February 27th. This is a boost from Janus Henderson AAA CLO ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a dividend yield of 4.6%.

About Janus Henderson AAA CLO ETF

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. JAAA was launched on Oct 16, 2020 and is managed by Janus Henderson.