Sovran Advisors LLC Reduces Holdings in Janus Henderson AAA CLO ETF $JAAA

Sovran Advisors LLC reduced its holdings in shares of Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) by 10.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 148,045 shares of the company’s stock after selling 16,722 shares during the period. Sovran Advisors LLC’s holdings in Janus Henderson AAA CLO ETF were worth $7,503,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in shares of Janus Henderson AAA CLO ETF by 0.9% during the 3rd quarter. Bank of America Corp DE now owns 34,685,646 shares of the company’s stock worth $1,761,337,000 after acquiring an additional 300,086 shares during the last quarter. Allianz Investment Management U.S. LLC increased its stake in shares of Janus Henderson AAA CLO ETF by 38.5% in the 3rd quarter. Allianz Investment Management U.S. LLC now owns 25,923,332 shares of the company’s stock worth $1,316,387,000 after purchasing an additional 7,212,832 shares in the last quarter. Corebridge Financial Inc. raised its holdings in Janus Henderson AAA CLO ETF by 2,108.9% in the 3rd quarter. Corebridge Financial Inc. now owns 21,780,009 shares of the company’s stock worth $1,105,989,000 after purchasing an additional 20,794,009 shares during the period. Kovitz Investment Group Partners LLC raised its holdings in Janus Henderson AAA CLO ETF by 3.4% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 7,818,805 shares of the company’s stock worth $397,039,000 after purchasing an additional 255,398 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in Janus Henderson AAA CLO ETF by 2.5% during the third quarter. Envestnet Asset Management Inc. now owns 7,352,021 shares of the company’s stock valued at $373,336,000 after purchasing an additional 176,770 shares in the last quarter.

Janus Henderson AAA CLO ETF Price Performance

NYSEARCA:JAAA opened at $50.42 on Friday. The stock has a 50-day simple moving average of $50.59 and a two-hundred day simple moving average of $50.62. Janus Henderson AAA CLO ETF has a 52-week low of $49.65 and a 52-week high of $50.85.

Janus Henderson AAA CLO ETF Increases Dividend

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

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.