iShares AAA CLO Active ETF (NASDAQ:CLOA) Shares Up 0.1% – What’s Next?

iShares AAA CLO Active ETF (NASDAQ:CLOA) shares were up 0.1% on Friday . The company traded as high as $51.90 and last traded at $51.88. Approximately 147,892 shares changed hands during trading, a decline of 56% from the average daily volume of 335,778 shares. The stock had previously closed at $51.85.

iShares AAA CLO Active ETF Stock Performance

The business’s 50 day moving average price is $51.85 and its two-hundred day moving average price is $51.83.

iShares AAA CLO Active ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were issued a dividend of $0.2352 per share. This is a positive change from iShares AAA CLO Active ETF’s previous monthly dividend of $0.22. The ex-dividend date was Monday, November 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%.

Institutional Investors Weigh In On iShares AAA CLO Active ETF

Hedge funds have recently made changes to their positions in the company. Bulwark Capital Corp bought a new stake in shares of iShares AAA CLO Active ETF during the 2nd quarter valued at $524,000. Duncan Williams Asset Management LLC bought a new position in shares of iShares AAA CLO Active ETF in the 2nd quarter worth about $5,740,000. Kickstand Ventures LLC. lifted its position in iShares AAA CLO Active ETF by 2.2% during the 2nd quarter. Kickstand Ventures LLC. now owns 110,557 shares of the company’s stock valued at $5,740,000 after acquiring an additional 2,355 shares during the period. Landing Point Financial Group LLC lifted its position in iShares AAA CLO Active ETF by 5.7% during the 3rd quarter. Landing Point Financial Group LLC now owns 255,721 shares of the company’s stock valued at $13,289,000 after acquiring an additional 13,761 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in iShares AAA CLO Active ETF by 93.2% during the third quarter. PNC Financial Services Group Inc. now owns 3,810 shares of the company’s stock worth $198,000 after acquiring an additional 1,838 shares in the last quarter.

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.