iShares AAA CLO Active ETF (NASDAQ:CLOA) Sets New 52-Week High Following Dividend Announcement

iShares AAA CLO Active ETF (NASDAQ:CLOA)’s share price reached a new 52-week high during mid-day trading on Monday after the company announced a dividend. The stock traded as high as $52.12 and last traded at $51.99, with a volume of 4644 shares changing hands. The stock had previously closed at $51.98.

The newly announced dividend which will be paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd will be paid a dividend of $0.2605 per share. The ex-dividend date is Monday, December 2nd.

iShares AAA CLO Active ETF Stock Up 0.0 %

The company has a fifty day simple moving average of $51.85 and a two-hundred day simple moving average of $51.85.

Institutional Investors Weigh In On iShares AAA CLO Active ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. First Horizon Advisors Inc. acquired a new stake in shares of iShares AAA CLO Active ETF in the second quarter worth approximately $60,000. LGT Financial Advisors LLC purchased a new stake in shares of iShares AAA CLO Active ETF during the 2nd quarter valued at $114,000. Chris Bulman Inc acquired a new stake in shares of iShares AAA CLO Active ETF during the 2nd quarter worth $147,000. SigFig Wealth Management LLC purchased a new position in shares of iShares AAA CLO Active ETF in the 2nd quarter worth $237,000. Finally, Freestate Advisors LLC acquired a new position in iShares AAA CLO Active ETF in the third quarter valued at $258,000.

iShares AAA CLO Active ETF Company Profile

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.