Prevail Innovative Wealth Advisors LLC Cuts Holdings in Janus Henderson B-BBB CLO ETF $JBBB

Prevail Innovative Wealth Advisors LLC decreased its position in shares of Janus Henderson B-BBB CLO ETF (BATS:JBBB) by 53.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,498 shares of the company’s stock after selling 45,746 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in Janus Henderson B-BBB CLO ETF were worth $1,932,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in JBBB. Darwin Wealth Management LLC purchased a new position in shares of Janus Henderson B-BBB CLO ETF during the second quarter valued at about $33,000. Allworth Financial LP grew its position in shares of Janus Henderson B-BBB CLO ETF by 18.8% during the third quarter. Allworth Financial LP now owns 1,900 shares of the company’s stock valued at $92,000 after purchasing an additional 300 shares in the last quarter. US Bancorp DE grew its position in shares of Janus Henderson B-BBB CLO ETF by 22.9% during the third quarter. US Bancorp DE now owns 1,965 shares of the company’s stock valued at $95,000 after purchasing an additional 366 shares in the last quarter. Strategic Advocates LLC purchased a new position in shares of Janus Henderson B-BBB CLO ETF during the third quarter valued at about $104,000. Finally, First Trust Advisors LP purchased a new position in shares of Janus Henderson B-BBB CLO ETF during the second quarter valued at about $206,000.

Janus Henderson B-BBB CLO ETF Stock Performance

Shares of Janus Henderson B-BBB CLO ETF stock opened at $47.46 on Thursday. The business has a 50-day moving average price of $47.08 and a 200-day moving average price of $47.53. Janus Henderson B-BBB CLO ETF has a twelve month low of $46.42 and a twelve month high of $48.67.

Janus Henderson B-BBB CLO ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Friday, February 27th were given a dividend of $0.2479 per share. The ex-dividend date was Friday, February 27th. This is a positive change from Janus Henderson B-BBB CLO ETF’s previous monthly dividend of $0.25. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

About Janus Henderson B-BBB CLO ETF

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.