Northbridge Financial Group LLC Takes $5.27 Million Position in Janus Henderson AAA CLO ETF $JAAA

Northbridge Financial Group LLC acquired a new stake in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 104,235 shares of the company’s stock, valued at approximately $5,272,000. Janus Henderson AAA CLO ETF makes up about 2.4% of Northbridge Financial Group LLC’s portfolio, making the stock its 9th largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cullen Frost Bankers Inc. lifted its stake in Janus Henderson AAA CLO ETF by 3.5% during the fourth quarter. Cullen Frost Bankers Inc. now owns 6,596 shares of the company’s stock valued at $334,000 after purchasing an additional 226 shares during the last quarter. Csenge Advisory Group lifted its stake in Janus Henderson AAA CLO ETF by 10.4% during the fourth quarter. Csenge Advisory Group now owns 11,172 shares of the company’s stock valued at $565,000 after purchasing an additional 1,048 shares during the last quarter. HighTower Advisors LLC lifted its stake in Janus Henderson AAA CLO ETF by 0.8% during the fourth quarter. HighTower Advisors LLC now owns 4,140,505 shares of the company’s stock valued at $209,427,000 after purchasing an additional 32,353 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in Janus Henderson AAA CLO ETF by 11.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 144,703 shares of the company’s stock valued at $7,319,000 after purchasing an additional 14,827 shares during the last quarter. Finally, Gambit Capital Management LLC acquired a new stake in Janus Henderson AAA CLO ETF during the fourth quarter valued at approximately $2,875,000.

Janus Henderson AAA CLO ETF Price Performance

JAAA stock opened at $50.60 on Friday. Janus Henderson AAA CLO ETF has a 12 month low of $50.13 and a 12 month high of $50.85. The firm has a 50 day simple moving average of $50.52 and a 200 day simple moving average of $50.60.

Janus Henderson AAA CLO ETF Increases Dividend

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

Janus Henderson AAA CLO ETF 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.