Northcape Wealth Management LLC Takes $7.68 Million Position in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA)

Northcape Wealth Management LLC purchased a new position in shares of Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 150,914 shares of the company’s stock, valued at approximately $7,679,000. Janus Henderson AAA CLO ETF makes up 2.8% of Northcape Wealth Management LLC’s holdings, making the stock its 7th largest holding. Northcape Wealth Management LLC owned 0.08% of Janus Henderson AAA CLO ETF at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in JAAA. Arch Capital Group LTD. boosted its holdings in shares of Janus Henderson AAA CLO ETF by 3,958.8% in the 1st quarter. Arch Capital Group LTD. now owns 4,058,828 shares of the company’s stock valued at $205,945,000 after buying an additional 3,958,828 shares during the period. Freestone Capital Holdings LLC acquired a new position in shares of Janus Henderson AAA CLO ETF in the first quarter worth about $162,690,000. Cetera Investment Advisers boosted its stake in Janus Henderson AAA CLO ETF by 1,979.7% in the 1st quarter. Cetera Investment Advisers now owns 1,794,484 shares of the company’s stock worth $91,052,000 after purchasing an additional 1,708,198 shares during the period. Cetera Advisor Networks LLC boosted its holdings in shares of Janus Henderson AAA CLO ETF by 2,202.7% during the first quarter. Cetera Advisor Networks LLC now owns 1,602,952 shares of the company’s stock worth $81,334,000 after purchasing an additional 1,533,340 shares during the period. Finally, Midland Wealth Advisors LLC acquired a new position in shares of Janus Henderson AAA CLO ETF in the fourth quarter worth $75,315,000.

Janus Henderson AAA CLO ETF Stock Performance

Shares of JAAA traded up $0.03 during trading hours on Friday, hitting $50.85. 1,932,756 shares of the company were exchanged, compared to its average volume of 2,130,737. Janus Henderson AAA CLO ETF has a 52 week low of $49.87 and a 52 week high of $51.38. The firm’s 50 day moving average is $50.75 and its 200-day moving average is $50.69.

Janus Henderson AAA CLO ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, August 7th. Stockholders of record on Thursday, August 1st were issued a dividend of $0.2641 per share. The ex-dividend date was Thursday, August 1st.

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.