Adams Wealth Management Reduces Stock Position in Janus Henderson B-BBB CLO ETF $JBBB

Adams Wealth Management lowered its position in shares of Janus Henderson B-BBB CLO ETF (BATS:JBBB) by 6.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 1,050,529 shares of the company’s stock after selling 72,950 shares during the period. Janus Henderson B-BBB CLO ETF accounts for 9.6% of Adams Wealth Management’s investment portfolio, making the stock its 2nd largest position. Adams Wealth Management’s holdings in Janus Henderson B-BBB CLO ETF were worth $50,646,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Bison Wealth LLC boosted its position in shares of Janus Henderson B-BBB CLO ETF by 6.7% during the 4th quarter. Bison Wealth LLC now owns 43,932 shares of the company’s stock valued at $2,160,000 after purchasing an additional 2,753 shares in the last quarter. US Bancorp DE bought a new stake in shares of Janus Henderson B-BBB CLO ETF in the 1st quarter worth approximately $78,000. HighTower Advisors LLC lifted its stake in Janus Henderson B-BBB CLO ETF by 30.8% during the first quarter. HighTower Advisors LLC now owns 17,275 shares of the company’s stock valued at $841,000 after purchasing an additional 4,066 shares during the last quarter. CacheTech Inc. boosted its holdings in Janus Henderson B-BBB CLO ETF by 267.8% during the first quarter. CacheTech Inc. now owns 1,129,631 shares of the company’s stock worth $54,680,000 after buying an additional 822,529 shares in the last quarter. Finally, Andina Capital Management LLC acquired a new position in Janus Henderson B-BBB CLO ETF in the first quarter worth approximately $500,000.

Janus Henderson B-BBB CLO ETF Stock Down 2.9%

BATS JBBB opened at $47.80 on Monday. Janus Henderson B-BBB CLO ETF has a 1 year low of $45.75 and a 1 year high of $49.71. The business’s fifty day moving average is $47.94 and its two-hundred day moving average is $48.15.

Janus Henderson B-BBB CLO ETF Profile

The Janus Henderson B-BBB CLO ETF (JBBB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of floating-rate collateralized loan obligations (CLOs) of varying maturities, rated between BBB+ and B- from global issuers. JBBB was launched on Jan 11, 2022 and is managed by Janus Henderson.