Park Avenue Securities LLC Takes $531,000 Position in Janus Henderson B-BBB CLO ETF $JBBB

Park Avenue Securities LLC purchased a new position in shares of Janus Henderson B-BBB CLO ETF (BATS:JBBB) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 11,128 shares of the company’s stock, valued at approximately $531,000.

A number of other hedge funds have also added to or reduced their stakes in JBBB. Darwin Wealth Management LLC acquired a new position in Janus Henderson B-BBB CLO ETF during the second quarter valued at approximately $33,000. Allworth Financial LP increased its stake in shares of Janus Henderson B-BBB CLO ETF by 18.8% in the 3rd quarter. Allworth Financial LP now owns 1,900 shares of the company’s stock valued at $92,000 after purchasing an additional 300 shares during the last quarter. US Bancorp DE increased its stake in shares of Janus Henderson B-BBB CLO ETF by 22.9% in the 3rd quarter. US Bancorp DE now owns 1,965 shares of the company’s stock valued at $95,000 after purchasing an additional 366 shares during the last quarter. Strategic Advocates LLC acquired a new position in shares of Janus Henderson B-BBB CLO ETF during the 3rd quarter worth $104,000. Finally, First Trust Advisors LP acquired a new position in shares of Janus Henderson B-BBB CLO ETF during the 2nd quarter worth $206,000.

Janus Henderson B-BBB CLO ETF Stock Performance

Shares of JBBB stock opened at $46.78 on Friday. Janus Henderson B-BBB CLO ETF has a twelve month low of $45.75 and a twelve month high of $48.96. The business has a fifty day simple moving average of $47.46 and a 200 day simple moving average of $47.77.

Janus Henderson B-BBB CLO ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Friday, February 27th were given a $0.2479 dividend. This represents a c) annualized dividend and a dividend yield of 6.4%. This is an increase from Janus Henderson B-BBB CLO ETF’s previous monthly dividend of $0.25. The ex-dividend date of this dividend was Friday, February 27th.

About Janus Henderson B-BBB CLO ETF

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.