Kovack Advisors Inc. Makes New $263,000 Investment in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA)

Kovack Advisors Inc. purchased a new position in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,183 shares of the company’s stock, valued at approximately $263,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JAAA. Stifel Financial Corp boosted its position in shares of Janus Henderson AAA CLO ETF by 5.5% during the 3rd quarter. Stifel Financial Corp now owns 55,128 shares of the company’s stock valued at $2,775,000 after acquiring an additional 2,879 shares during the last quarter. Lido Advisors LLC boosted its position in shares of Janus Henderson AAA CLO ETF by 101.3% during the 3rd quarter. Lido Advisors LLC now owns 20,576 shares of the company’s stock valued at $1,036,000 after acquiring an additional 10,355 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its position in shares of Janus Henderson AAA CLO ETF by 23.0% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 27,294 shares of the company’s stock valued at $1,374,000 after acquiring an additional 5,095 shares during the last quarter. Fragasso Group Inc. boosted its position in shares of Janus Henderson AAA CLO ETF by 6.2% during the 3rd quarter. Fragasso Group Inc. now owns 394,396 shares of the company’s stock valued at $19,850,000 after acquiring an additional 22,999 shares during the last quarter. Finally, Exchange Traded Concepts LLC bought a new position in shares of Janus Henderson AAA CLO ETF during the 4th quarter valued at approximately $9,361,000.

Janus Henderson AAA CLO ETF Trading Up 0.0 %

NYSEARCA JAAA opened at $50.64 on Friday. Janus Henderson AAA CLO ETF has a one year low of $49.62 and a one year high of $51.38. The stock has a 50 day moving average price of $50.75 and a 200-day moving average price of $50.61.

Janus Henderson AAA CLO ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, July 8th. Investors of record on Monday, July 1st will be given a $0.2775 dividend. The ex-dividend date of this dividend is Monday, July 1st. This is an increase from Janus Henderson AAA CLO ETF’s previous dividend of $0.27.

Janus Henderson AAA CLO ETF Profile

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.