iShares AAA CLO Active ETF (NASDAQ:CLOA) Hits New 1-Year High After Dividend Announcement

iShares AAA CLO Active ETF (NASDAQ:CLOAGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday after the company announced a dividend. The stock traded as high as $52.12 and last traded at $51.99, with a volume of 4644 shares changing hands. The stock had previously closed at $51.98.

The newly announced dividend which will be paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.2605 per share. The ex-dividend date of this dividend is Monday, December 2nd.

iShares AAA CLO Active ETF Stock Up 0.0 %

The business’s 50 day moving average price is $51.85 and its 200-day moving average price is $51.85.

Institutional Trading of iShares AAA CLO Active ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Comerica Bank purchased a new position in shares of iShares AAA CLO Active ETF during the first quarter worth $467,000. Park Avenue Securities LLC purchased a new stake in iShares AAA CLO Active ETF during the second quarter worth about $1,974,000. Diversify Advisory Services LLC purchased a new stake in iShares AAA CLO Active ETF during the second quarter worth about $639,000. Cox Capital Mgt LLC acquired a new stake in shares of iShares AAA CLO Active ETF during the second quarter worth about $588,000. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares AAA CLO Active ETF by 10.8% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 7,955 shares of the company’s stock valued at $413,000 after purchasing an additional 775 shares during the period.

iShares AAA CLO Active ETF Company Profile

(Get Free Report)

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.

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