M Wealth Management LLC Makes New Investment in Janus Henderson B-BBB CLO ETF (BATS:JBBB)

M Wealth Management LLC acquired a new stake 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 Securities & Exchange Commission. The institutional investor acquired 8,025 shares of the company’s stock, valued at approximately $395,000. Janus Henderson B-BBB CLO ETF comprises 0.4% of M Wealth Management LLC’s holdings, making the stock its 29th largest position. M Wealth Management LLC owned approximately 0.07% of Janus Henderson B-BBB CLO ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in JBBB. Renaissance Technologies LLC bought a new stake in Janus Henderson B-BBB CLO ETF in the 2nd quarter valued at $1,446,000. Truist Financial Corp raised its position in Janus Henderson B-BBB CLO ETF by 109.8% in the second quarter. Truist Financial Corp now owns 24,519 shares of the company’s stock worth $1,206,000 after purchasing an additional 12,832 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in Janus Henderson B-BBB CLO ETF during the second quarter valued at approximately $1,294,000. Seneca House Advisors grew its stake in shares of Janus Henderson B-BBB CLO ETF by 13.1% in the 3rd quarter. Seneca House Advisors now owns 6,250 shares of the company’s stock valued at $306,000 after purchasing an additional 725 shares during the period. Finally, waypoint wealth counsel raised its holdings in shares of Janus Henderson B-BBB CLO ETF by 2.6% in the 3rd quarter. waypoint wealth counsel now owns 53,614 shares of the company’s stock worth $2,624,000 after buying an additional 1,384 shares in the last quarter.

Janus Henderson B-BBB CLO ETF Trading Up 0.9 %

Shares of BATS:JBBB opened at $49.67 on Thursday. The company has a fifty day moving average of $49.27 and a two-hundred day moving average of $49.07.

Janus Henderson B-BBB CLO ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 23rd were given a dividend of $0.3357 per share. The ex-dividend date was Monday, December 23rd. This is a boost from Janus Henderson B-BBB CLO ETF’s previous dividend of $0.06.

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.