Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) Sees Large Volume Increase – Here’s Why

Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) shares saw unusually-strong trading volume on Tuesday . Approximately 7,777,156 shares traded hands during trading, an increase of 201% from the previous session’s volume of 2,584,865 shares.The stock last traded at $50.93 and had previously closed at $50.94.

Janus Henderson AAA CLO ETF Stock Performance

The company has a fifty day simple moving average of $50.80 and a two-hundred day simple moving average of $50.77.

Janus Henderson AAA CLO ETF Cuts Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Arch Capital Group LTD. boosted its stake in Janus Henderson AAA CLO ETF by 135.4% in the 3rd quarter. Arch Capital Group LTD. now owns 5,307,645 shares of the company’s stock worth $270,053,000 after purchasing an additional 3,053,000 shares during the period. Kovitz Investment Group Partners LLC grew its holdings in shares of Janus Henderson AAA CLO ETF by 96.5% during the third quarter. Kovitz Investment Group Partners LLC now owns 4,008,532 shares of the company’s stock worth $203,954,000 after buying an additional 1,968,517 shares in the last quarter. Cetera Investment Advisers lifted its stake in Janus Henderson AAA CLO ETF by 1,979.7% in the 1st quarter. Cetera Investment Advisers now owns 1,794,484 shares of the company’s stock valued at $91,052,000 after acquiring an additional 1,708,198 shares in the last quarter. Cetera Advisor Networks LLC boosted its position in Janus Henderson AAA CLO ETF by 2,202.7% during the 1st quarter. Cetera Advisor Networks LLC now owns 1,602,952 shares of the company’s stock worth $81,334,000 after acquiring an additional 1,533,340 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of Janus Henderson AAA CLO ETF by 38.6% during the 3rd quarter. LPL Financial LLC now owns 5,113,419 shares of the company’s stock worth $260,171,000 after acquiring an additional 1,423,564 shares in the last quarter.

Janus Henderson AAA CLO ETF Company 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.