Envestnet Asset Management Inc. Sells 269,333 Shares of Janus Henderson B-BBB CLO ETF $JBBB

Envestnet Asset Management Inc. cut its holdings in Janus Henderson B-BBB CLO ETF (BATS:JBBB) by 57.8% during the second quarter, HoldingsChannel reports. The firm owned 196,732 shares of the company’s stock after selling 269,333 shares during the period. Envestnet Asset Management Inc.’s holdings in Janus Henderson B-BBB CLO ETF were worth $9,484,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in JBBB. LPL Financial LLC grew its holdings in Janus Henderson B-BBB CLO ETF by 18.1% in the 1st quarter. LPL Financial LLC now owns 1,229,418 shares of the company’s stock valued at $59,836,000 after buying an additional 188,442 shares during the last quarter. CacheTech Inc. increased its position in Janus Henderson B-BBB CLO ETF by 267.8% during the first quarter. CacheTech Inc. now owns 1,129,631 shares of the company’s stock worth $54,680,000 after acquiring an additional 822,529 shares during the period. Adams Wealth Management raised its stake in Janus Henderson B-BBB CLO ETF by 265.8% during the 1st quarter. Adams Wealth Management now owns 1,123,479 shares of the company’s stock valued at $54,680,000 after purchasing an additional 816,377 shares during the last quarter. Marshall Financial Group LLC raised its stake in Janus Henderson B-BBB CLO ETF by 3.7% during the 2nd quarter. Marshall Financial Group LLC now owns 421,268 shares of the company’s stock valued at $20,343,000 after purchasing an additional 15,010 shares during the last quarter. Finally, Pallas Capital Advisors LLC boosted its holdings in Janus Henderson B-BBB CLO ETF by 22.2% in the 2nd quarter. Pallas Capital Advisors LLC now owns 413,939 shares of the company’s stock valued at $19,956,000 after purchasing an additional 75,240 shares during the period.

Janus Henderson B-BBB CLO ETF Stock Performance

BATS:JBBB opened at $47.96 on Monday. The firm’s 50-day moving average is $48.09 and its 200-day moving average is $48.19. Janus Henderson B-BBB CLO ETF has a 52-week low of $45.75 and a 52-week high of $49.71.

Janus Henderson B-BBB CLO ETF Profile

The Janus Henderson B-BBB CLO ETF (JBBB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of floating-rate collateralized loan obligations (CLOs) of varying maturities, rated between BBB+ and B- from global issuers. JBBB was launched on Jan 11, 2022 and is managed by Janus Henderson.