Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) Hits New 1-Year High – Time to Buy?

Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) shares hit a new 52-week high on Friday . The stock traded as high as $50.99 and last traded at $50.99, with a volume of 1043646 shares. The stock had previously closed at $50.97.

Janus Henderson AAA CLO ETF Price Performance

The stock has a fifty day moving average of $50.82 and a two-hundred day moving average of $50.79.

Janus Henderson AAA CLO ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, November 7th. Investors of record on Friday, November 1st were issued a $0.2533 dividend. The ex-dividend date of this dividend was Friday, November 1st.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. PSI Advisors LLC bought a new stake in shares of Janus Henderson AAA CLO ETF in the fourth quarter worth $27,000. Rosenberg Matthew Hamilton acquired a new position in Janus Henderson AAA CLO ETF during the 4th quarter worth $35,000. Concord Wealth Partners increased its position in shares of Janus Henderson AAA CLO ETF by 73.4% in the 4th quarter. Concord Wealth Partners now owns 782 shares of the company’s stock worth $40,000 after purchasing an additional 331 shares during the last quarter. Laurel Wealth Advisors LLC acquired a new stake in shares of Janus Henderson AAA CLO ETF in the 4th quarter valued at about $68,000. Finally, Global Trust Asset Management LLC bought a new position in shares of Janus Henderson AAA CLO ETF during the fourth quarter worth about $97,000.

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.