iShares AAA CLO Active ETF (NASDAQ:CLOA) Increases Dividend to $0.23 Per Share

iShares AAA CLO Active ETF (NASDAQ:CLOAGet Free Report) announced a monthly dividend on Thursday, December 18th. Shareholders of record on Friday, December 19th will be paid a dividend of 0.2264 per share on Wednesday, December 24th. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend is Friday, December 19th. This is a 5.4% increase from iShares AAA CLO Active ETF’s previous monthly dividend of $0.21.

iShares AAA CLO Active ETF Trading Up 0.0%

CLOA stock opened at $51.83 on Friday. iShares AAA CLO Active ETF has a fifty-two week low of $50.61 and a fifty-two week high of $52.05. The stock has a fifty day moving average of $51.82 and a 200-day moving average of $51.83.

Institutional Trading of iShares AAA CLO Active ETF

Several hedge funds and other institutional investors have recently modified their holdings of CLOA. Landing Point Financial Group LLC raised its holdings in iShares AAA CLO Active ETF by 5.7% during the 3rd quarter. Landing Point Financial Group LLC now owns 255,721 shares of the company’s stock valued at $13,289,000 after acquiring an additional 13,761 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of iShares AAA CLO Active ETF by 4.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 141,784 shares of the company’s stock worth $7,368,000 after acquiring an additional 5,437 shares during the last quarter. Kickstand Ventures LLC. boosted its holdings in shares of iShares AAA CLO Active ETF by 10.8% in the 3rd quarter. Kickstand Ventures LLC. now owns 122,483 shares of the company’s stock worth $6,365,000 after purchasing an additional 11,926 shares in the last quarter. Duncan Williams Asset Management LLC bought a new position in iShares AAA CLO Active ETF during the second quarter valued at approximately $5,740,000. Finally, United Capital Financial Advisors LLC bought a new position in shares of iShares AAA CLO Active ETF during the 3rd quarter valued at $2,543,000.

About iShares AAA CLO Active ETF

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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.

Further Reading

Dividend History for iShares AAA CLO Active ETF (NASDAQ:CLOA)

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