Sowell Financial Services LLC Has $35.22 Million Stake in Janus Henderson AAA CLO ETF $JAAA

Sowell Financial Services LLC raised its holdings in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) by 4.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 696,333 shares of the company’s stock after buying an additional 32,156 shares during the period. Janus Henderson AAA CLO ETF comprises approximately 1.3% of Sowell Financial Services LLC’s investment portfolio, making the stock its 9th biggest holding. Sowell Financial Services LLC owned approximately 0.14% of Janus Henderson AAA CLO ETF worth $35,221,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Richardson Capital Management LLC bought a new position in shares of Janus Henderson AAA CLO ETF during the 3rd quarter worth approximately $33,000. Abich Financial Wealth Management LLC acquired a new position in shares of Janus Henderson AAA CLO ETF during the 3rd quarter worth approximately $36,000. Creekmur Asset Management LLC bought a new stake in Janus Henderson AAA CLO ETF in the 3rd quarter valued at $36,000. Turim 21 Investimentos Ltda. bought a new stake in Janus Henderson AAA CLO ETF in the 3rd quarter valued at $40,000. Finally, Mather Group LLC. acquired a new stake in Janus Henderson AAA CLO ETF during the 3rd quarter valued at $45,000.

Janus Henderson AAA CLO ETF Price Performance

JAAA stock opened at $50.42 on Monday. The company has a fifty day moving average price of $50.59 and a two-hundred day moving average price of $50.62. Janus Henderson AAA CLO ETF has a one year low of $49.65 and a one year high of $50.85.

Janus Henderson AAA CLO ETF Increases Dividend

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

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