Alternative Access First Priority CLO Bond ETF (NYSEARCA:AAA) Plans Dividend Increase – $0.10 Per Share

Alternative Access First Priority CLO Bond ETF (NYSEARCA:AAA) announced a monthly dividend on Thursday, January 29th. Stockholders of record on Friday, January 30th will be paid a dividend of 0.1009 per share on Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Friday, January 30th. This is a 0.9% increase from Alternative Access First Priority CLO Bond ETF’s previous monthly dividend of $0.10.

Alternative Access First Priority CLO Bond ETF Price Performance

Shares of AAA traded down $0.01 during mid-day trading on Friday, hitting $24.99. 13,452 shares of the company’s stock were exchanged, compared to its average volume of 9,045. Alternative Access First Priority CLO Bond ETF has a 52 week low of $24.33 and a 52 week high of $25.29. The company has a 50-day simple moving average of $25.01 and a 200 day simple moving average of $25.01.

About Alternative Access First Priority CLO Bond ETF

The AXS First Priority CLO Bond ETF (AAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide income by actively selecting USD-denominated, investment-grade collateralized loan obligations, or CLO bonds, of any maturity. AAA was launched on Sep 9, 2020 and is managed by AXS Investments.