Cornerstone Advisory LLC Sells 71,378 Shares of Janus Henderson AAA CLO ETF $JAAA

Cornerstone Advisory LLC lessened its position in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) by 14.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 419,176 shares of the company’s stock after selling 71,378 shares during the period. Janus Henderson AAA CLO ETF comprises about 2.0% of Cornerstone Advisory LLC’s portfolio, making the stock its 14th largest holding. Cornerstone Advisory LLC owned 0.08% of Janus Henderson AAA CLO ETF worth $21,202,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Richardson Capital Management LLC bought a new position in shares of Janus Henderson AAA CLO ETF in the 3rd quarter valued at about $33,000. Abich Financial Wealth Management LLC bought a new position in shares of Janus Henderson AAA CLO ETF in the 3rd quarter valued at about $36,000. Creekmur Asset Management LLC bought a new position in shares of Janus Henderson AAA CLO ETF in the 3rd quarter valued at about $36,000. Turim 21 Investimentos Ltda. bought a new position in shares of Janus Henderson AAA CLO ETF in the 3rd quarter valued at about $40,000. Finally, Optima Capital LLC bought a new position in shares of Janus Henderson AAA CLO ETF in the 4th quarter valued at about $40,000.

Janus Henderson AAA CLO ETF Price Performance

Shares of JAAA opened at $50.63 on Friday. The firm has a 50-day moving average of $50.54 and a 200-day moving average of $50.60. Janus Henderson AAA CLO ETF has a one year low of $50.13 and a one year high of $50.85.

Janus Henderson AAA CLO ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Friday, February 27th were given a $0.1934 dividend. This is a boost from Janus Henderson AAA CLO ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

Janus Henderson AAA CLO ETF 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. JAAA was launched on Oct 16, 2020 and is managed by Janus Henderson.