iShares AAA CLO Active ETF (NASDAQ:CLOA) Sees Unusually-High Trading Volume – Should You Buy?

iShares AAA CLO Active ETF (NASDAQ:CLOAGet Free Report) shares saw an uptick in trading volume on Monday . 538,718 shares were traded during mid-day trading, an increase of 6% from the previous session’s volume of 507,403 shares.The stock last traded at $51.92 and had previously closed at $51.92.

iShares AAA CLO Active ETF Stock Performance

The business has a 50-day moving average of $51.86 and a 200-day moving average of $51.84.

iShares AAA CLO Active ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were given a $0.2061 dividend. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Monday, August 3rd. This is an increase from iShares AAA CLO Active ETF’s previous monthly dividend of $0.20.

Institutional Investors Weigh In On iShares AAA CLO Active ETF

Several institutional investors have recently made changes to their positions in the company. Cornerstone Planning Group LLC bought a new stake in shares of iShares AAA CLO Active ETF in the 1st quarter valued at approximately $26,000. Farther Finance Advisors LLC bought a new position in iShares AAA CLO Active ETF during the fourth quarter valued at approximately $31,000. EverSource Wealth Advisors LLC acquired a new stake in iShares AAA CLO Active ETF in the first quarter valued at approximately $45,000. Imprint Wealth LLC acquired a new stake in iShares AAA CLO Active ETF in the third quarter valued at approximately $67,000. Finally, Trust Co. of Vermont bought a new position in shares of iShares AAA CLO Active ETF during the 2nd quarter valued at $68,000.

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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