Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) Sees Large Volume Increase – Should You Buy?

Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) shares saw an uptick in trading volume on Monday . 8,902,105 shares changed hands during mid-day trading, an increase of 46% from the previous session’s volume of 6,082,955 shares.The stock last traded at $50.77 and had previously closed at $50.74.

Janus Henderson AAA CLO ETF Stock Performance

The firm has a 50 day moving average price of $50.79 and a 200-day moving average price of $50.77.

Janus Henderson AAA CLO ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, November 7th. Shareholders of record on Friday, November 1st were given a dividend of $0.2533 per share. The ex-dividend date of this dividend was Friday, November 1st.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Arch Capital Group LTD. lifted its holdings in shares of Janus Henderson AAA CLO ETF by 135.4% during the third quarter. Arch Capital Group LTD. now owns 5,307,645 shares of the company’s stock worth $270,053,000 after buying an additional 3,053,000 shares during the last quarter. LPL Financial LLC boosted its holdings in Janus Henderson AAA CLO ETF by 38.6% in the 3rd quarter. LPL Financial LLC now owns 5,113,419 shares of the company’s stock valued at $260,171,000 after purchasing an additional 1,423,564 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Janus Henderson AAA CLO ETF by 23.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 4,195,271 shares of the company’s stock valued at $213,455,000 after purchasing an additional 796,494 shares during the period. Kovitz Investment Group Partners LLC grew its position in Janus Henderson AAA CLO ETF by 96.5% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 4,008,532 shares of the company’s stock worth $203,954,000 after purchasing an additional 1,968,517 shares during the last quarter. Finally, HighTower Advisors LLC increased its holdings in shares of Janus Henderson AAA CLO ETF by 16.6% during the 3rd quarter. HighTower Advisors LLC now owns 3,229,867 shares of the company’s stock worth $164,312,000 after purchasing an additional 460,985 shares during the period.

About Janus Henderson AAA CLO ETF

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.