Janus Henderson AAA CLO ETF $JAAA Stock: Asset Allocation & Management Company LLC Increases Position

Asset Allocation & Management Company LLC raised its stake in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) by 43.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 182,683 shares of the company’s stock after buying an additional 54,950 shares during the period. Janus Henderson AAA CLO ETF accounts for approximately 2.9% of Asset Allocation & Management Company LLC’s investment portfolio, making the stock its 9th largest position. Asset Allocation & Management Company LLC’s holdings in Janus Henderson AAA CLO ETF were worth $9,220,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of JAAA. Bank of America Corp DE raised its holdings in shares of Janus Henderson AAA CLO ETF by 33.8% during the 1st quarter. Bank of America Corp DE now owns 40,377,740 shares of the company’s stock worth $2,033,827,000 after acquiring an additional 10,199,976 shares during the period. Barings LLC boosted its position in shares of Janus Henderson AAA CLO ETF by 115.2% during the 1st quarter. Barings LLC now owns 12,909,176 shares of the company’s stock valued at $650,235,000 after acquiring an additional 6,909,176 shares during the last quarter. Waverly Advisors LLC boosted its position in shares of Janus Henderson AAA CLO ETF by 950.8% during the 2nd quarter. Waverly Advisors LLC now owns 2,495,518 shares of the company’s stock valued at $125,999,000 after acquiring an additional 2,258,028 shares during the last quarter. Janus Henderson Group PLC grew its holdings in shares of Janus Henderson AAA CLO ETF by 152.2% in the first quarter. Janus Henderson Group PLC now owns 2,941,973 shares of the company’s stock valued at $148,187,000 after purchasing an additional 1,775,654 shares during the period. Finally, Gradient Investments LLC purchased a new stake in shares of Janus Henderson AAA CLO ETF in the third quarter valued at about $62,967,000.

Janus Henderson AAA CLO ETF Price Performance

Janus Henderson AAA CLO ETF stock traded up $0.01 during midday trading on Tuesday, hitting $50.55. 2,506,848 shares of the stock were exchanged, compared to its average volume of 6,174,055. Janus Henderson AAA CLO ETF has a fifty-two week low of $50.32 and a fifty-two week high of $50.82. The stock’s 50-day simple moving average is $50.60 and its 200 day simple moving average is $50.59.

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