iShares AAA CLO Active ETF (NASDAQ:CLOA) Sees Large Volume Increase – What’s Next?

Shares of iShares AAA CLO Active ETF (NASDAQ:CLOA) saw an uptick in trading volume on Monday . Approximately 538,718 shares were traded during trading, an increase of 6% from the previous session’s volume of 507,403 shares.The stock last traded at $51.92 and had previously closed at $51.92.

iShares AAA CLO Active ETF Price Performance

The company’s 50 day simple moving average is $51.86 and its 200-day simple moving average is $51.84.

iShares AAA CLO Active ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were issued a $0.2061 dividend. The ex-dividend date was Monday, August 3rd. This is a positive change from iShares AAA CLO Active ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a dividend yield of 4.8%.

Hedge Funds Weigh In On iShares AAA CLO Active ETF

A number of large investors have recently bought and sold shares of the business. Cornerstone Planning Group LLC bought a new position in iShares AAA CLO Active ETF in the 1st quarter valued at $26,000. Farther Finance Advisors LLC bought a new stake in shares of iShares AAA CLO Active ETF during the fourth quarter worth $31,000. EverSource Wealth Advisors LLC purchased a new stake in shares of iShares AAA CLO Active ETF during the first quarter valued at $45,000. Imprint Wealth LLC purchased a new stake in shares of iShares AAA CLO Active ETF during the third quarter valued at $67,000. Finally, Trust Co. of Vermont bought a new position in shares of iShares AAA CLO Active ETF in the second quarter worth about $68,000.

iShares AAA CLO Active ETF Company Profile

The BlackRock AAA CLO ETF (CLOA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in USD-denominated CLOs that are rated AAA. CLOA was launched on Jan 10, 2023 and is managed by BlackRock.