Janus Henderson B-BBB CLO ETF $JBBB Position Cut by Brookstone Capital Management

Brookstone Capital Management reduced its holdings in Janus Henderson B-BBB CLO ETF (BATS:JBBB) by 92.5% during the 3rd quarter, Holdings Channel reports. The fund owned 12,542 shares of the company’s stock after selling 154,508 shares during the quarter. Brookstone Capital Management’s holdings in Janus Henderson B-BBB CLO ETF were worth $604,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in JBBB. Private Trust Co. NA grew its stake in shares of Janus Henderson B-BBB CLO ETF by 24.9% in the third quarter. Private Trust Co. NA now owns 5,021 shares of the company’s stock worth $242,000 after purchasing an additional 1,001 shares in the last quarter. Strong Tower Advisory Services lifted its holdings in Janus Henderson B-BBB CLO ETF by 3.1% in the third quarter. Strong Tower Advisory Services now owns 13,894 shares of the company’s stock worth $669,000 after purchasing an additional 412 shares during the period. Able Wealth Management LLC grew its position in Janus Henderson B-BBB CLO ETF by 17.1% in the 3rd quarter. Able Wealth Management LLC now owns 16,486 shares of the company’s stock valued at $794,000 after buying an additional 2,407 shares in the last quarter. Farther Finance Advisors LLC grew its position in Janus Henderson B-BBB CLO ETF by 1,001.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 9,744 shares of the company’s stock valued at $469,000 after buying an additional 8,859 shares in the last quarter. Finally, Ridgeline Wealth LLC acquired a new position in Janus Henderson B-BBB CLO ETF during the 3rd quarter valued at about $435,000.

Janus Henderson B-BBB CLO ETF Stock Performance

JBBB stock opened at $47.71 on Wednesday. The firm’s 50-day moving average is $47.88 and its two-hundred day moving average is $48.10. Janus Henderson B-BBB CLO ETF has a 52 week low of $45.75 and a 52 week high of $49.71.

Janus Henderson B-BBB CLO ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 29th. Investors of record on Monday, December 22nd were issued a dividend of $0.2848 per share. The ex-dividend date of this dividend was Monday, December 22nd. This is a positive change from Janus Henderson B-BBB CLO ETF’s previous monthly dividend of $0.26. This represents a c) annualized dividend and a yield of 7.2%.

Janus Henderson B-BBB CLO ETF Company 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.