Sovran Advisors LLC Lowers Stake in Janus Henderson AAA CLO ETF $JAAA

Sovran Advisors LLC reduced its position in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) by 10.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 148,045 shares of the company’s stock after selling 16,722 shares during the quarter. Sovran Advisors LLC’s holdings in Janus Henderson AAA CLO ETF were worth $7,503,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of JAAA. Castle Wealth Management LLC raised its holdings in Janus Henderson AAA CLO ETF by 263.3% during the third quarter. Castle Wealth Management LLC now owns 217,411 shares of the company’s stock valued at $11,040,000 after acquiring an additional 157,575 shares during the period. Cooper Financial Group boosted its stake in shares of Janus Henderson AAA CLO ETF by 23.6% in the fourth quarter. Cooper Financial Group now owns 60,448 shares of the company’s stock worth $3,057,000 after acquiring an additional 11,554 shares during the period. Harbor Investment Advisory LLC boosted its stake in shares of Janus Henderson AAA CLO ETF by 12.3% in the third quarter. Harbor Investment Advisory LLC now owns 126,754 shares of the company’s stock worth $6,437,000 after acquiring an additional 13,870 shares during the period. Dynamic Financial Group purchased a new stake in shares of Janus Henderson AAA CLO ETF during the third quarter worth about $578,000. Finally, Destiny Wealth Partners LLC grew its position in shares of Janus Henderson AAA CLO ETF by 5.3% during the third quarter. Destiny Wealth Partners LLC now owns 913,944 shares of the company’s stock worth $46,410,000 after purchasing an additional 45,731 shares in the last quarter.

Janus Henderson AAA CLO ETF Price Performance

Shares of JAAA opened at $50.42 on Friday. The business’s 50 day moving average is $50.59 and its 200 day moving average is $50.62. Janus Henderson AAA CLO ETF has a 12-month low of $49.65 and a 12-month 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. Shareholders of record on Friday, February 27th were issued a dividend of $0.1934 per share. This is an increase 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 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.