Colonial Trust Co SC Sells 2,085 Shares of iShares AAA CLO Active ETF (NASDAQ:CLOA)

Colonial Trust Co SC cut its holdings in iShares AAA CLO Active ETF (NASDAQ:CLOA) by 29.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,877 shares of the company’s stock after selling 2,085 shares during the quarter. Colonial Trust Co SC’s holdings in iShares AAA CLO Active ETF were worth $252,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CLOA. JPMorgan Chase & Co. lifted its position in shares of iShares AAA CLO Active ETF by 152.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 137,819 shares of the company’s stock worth $7,162,000 after purchasing an additional 83,204 shares during the period. Concourse Financial Group Securities Inc. raised its stake in iShares AAA CLO Active ETF by 13.0% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 83,782 shares of the company’s stock worth $4,349,000 after buying an additional 9,659 shares in the last quarter. Cary Street Partners Financial LLC bought a new position in iShares AAA CLO Active ETF in the fourth quarter worth approximately $1,631,000. IFP Advisors Inc lifted its holdings in iShares AAA CLO Active ETF by 1.3% during the fourth quarter. IFP Advisors Inc now owns 14,876 shares of the company’s stock worth $770,000 after buying an additional 194 shares during the period. Finally, PSI Advisors LLC lifted its holdings in iShares AAA CLO Active ETF by 76.2% during the fourth quarter. PSI Advisors LLC now owns 916 shares of the company’s stock worth $47,000 after buying an additional 396 shares during the period.

iShares AAA CLO Active ETF Trading Up 0.1 %

Shares of NASDAQ:CLOA opened at $51.67 on Friday. iShares AAA CLO Active ETF has a 12-month low of $50.61 and a 12-month high of $52.12. The business’s fifty day simple moving average is $51.56 and its 200-day simple moving average is $51.75.

iShares AAA CLO Active ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st were paid a $0.235 dividend. The ex-dividend date was Thursday, May 1st. This represents a $2.82 annualized dividend and a yield of 5.46%.

iShares AAA CLO Active ETF Company Profile

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.