iShares AAA CLO Active ETF (NASDAQ:CLOA) Sees Large Volume Increase – Time to Buy?

iShares AAA CLO Active ETF (NASDAQ:CLOA) shares saw an uptick in trading volume on Monday . Approximately 948,242 shares changed hands during trading, an increase of 91% from the previous session’s volume of 495,369 shares.The stock last traded at $51.9450 and had previously closed at $51.94.

iShares AAA CLO Active ETF Trading Up 0.0%

The company’s fifty day moving average price is $51.88 and its two-hundred day moving average price is $51.84.

iShares AAA CLO Active ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.2132 per share. This is an increase from iShares AAA CLO Active ETF’s previous monthly dividend of $0.21. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend was Tuesday, September 1st.

Institutional Trading of iShares AAA CLO Active ETF

Several institutional investors have recently made changes to their positions in CLOA. Landing Point Financial Group LLC raised its position in shares of iShares AAA CLO Active ETF by 6.0% in the 4th quarter. Landing Point Financial Group LLC now owns 270,956 shares of the company’s stock worth $14,021,000 after buying an additional 15,235 shares during the period. Kickstand Ventures LLC. grew its position in iShares AAA CLO Active ETF by 2.9% during the second quarter. Kickstand Ventures LLC. now owns 128,098 shares of the company’s stock valued at $6,650,000 after acquiring an additional 3,559 shares during the period. Bulwark Capital Corp grew its position in iShares AAA CLO Active ETF by 39.4% during the second quarter. Bulwark Capital Corp now owns 98,567 shares of the company’s stock valued at $5,117,000 after acquiring an additional 27,872 shares during the period. Aureus Asset Management LLC increased its stake in iShares AAA CLO Active ETF by 6.7% during the first quarter. Aureus Asset Management LLC now owns 70,834 shares of the company’s stock worth $3,672,000 after acquiring an additional 4,431 shares during the last quarter. Finally, Beacon Financial Group increased its stake in iShares AAA CLO Active ETF by 3.8% during the first quarter. Beacon Financial Group now owns 18,905 shares of the company’s stock worth $980,000 after acquiring an additional 698 shares during the last quarter.

About iShares AAA CLO Active ETF

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.