Brown Wealth Management LLC Boosts Holdings in Janus Henderson AAA CLO ETF $JAAA

Brown Wealth Management LLC increased its holdings in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) by 9.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 159,800 shares of the company’s stock after purchasing an additional 14,118 shares during the period. Janus Henderson AAA CLO ETF accounts for 2.1% of Brown Wealth Management LLC’s holdings, making the stock its 11th biggest holding. Brown Wealth Management LLC’s holdings in Janus Henderson AAA CLO ETF were worth $8,083,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in JAAA. Corebridge Financial Inc. lifted its holdings in Janus Henderson AAA CLO ETF by 2,108.9% in the 3rd quarter. Corebridge Financial Inc. now owns 21,780,009 shares of the company’s stock worth $1,105,989,000 after purchasing an additional 20,794,009 shares in the last quarter. Allianz Investment Management U.S. LLC lifted its holdings in Janus Henderson AAA CLO ETF by 38.5% in the 3rd quarter. Allianz Investment Management U.S. LLC now owns 25,923,332 shares of the company’s stock worth $1,316,387,000 after purchasing an additional 7,212,832 shares in the last quarter. Barings LLC purchased a new position in Janus Henderson AAA CLO ETF in the 3rd quarter worth approximately $304,680,000. JPMorgan Chase & Co. lifted its holdings in Janus Henderson AAA CLO ETF by 243.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,889,215 shares of the company’s stock worth $146,714,000 after purchasing an additional 2,049,202 shares in the last quarter. Finally, Greenleaf Trust purchased a new position in Janus Henderson AAA CLO ETF in the 4th quarter worth approximately $93,522,000.

Janus Henderson AAA CLO ETF Price Performance

NYSEARCA JAAA opened at $50.64 on Wednesday. The stock’s 50 day moving average is $50.54 and its 200 day moving average is $50.60. Janus Henderson AAA CLO ETF has a 12 month low of $50.13 and a 12 month high of $50.85.

Janus Henderson AAA CLO ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Friday, February 27th were issued a dividend of $0.1934 per share. This is a positive change from Janus Henderson AAA CLO ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 4.6%.

Janus Henderson AAA CLO ETF Company 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. JAAA was launched on Oct 16, 2020 and is managed by Janus Henderson.