iShares AAA CLO Active ETF (NASDAQ:CLOA) Short Interest Update

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 65,259 shares, a decline of 47.0% from the August 15th total of 123,204 shares. Based on an average daily volume of 462,182 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Investors Weigh In On iShares AAA CLO Active ETF

A number of institutional investors have recently modified their holdings of the business. Bulwark Capital Corp increased its position in shares of iShares AAA CLO Active ETF by 39.4% in the second quarter. Bulwark Capital Corp now owns 98,567 shares of the company’s stock worth $5,117,000 after purchasing an additional 27,872 shares during the period. Landing Point Financial Group LLC lifted its position in iShares AAA CLO Active ETF by 6.0% during the fourth quarter. Landing Point Financial Group LLC now owns 270,956 shares of the company’s stock worth $14,021,000 after purchasing an additional 15,235 shares during the period. PNC Financial Services Group Inc. grew its stake in iShares AAA CLO Active ETF by 187.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 10,950 shares of the company’s stock worth $567,000 after buying an additional 7,140 shares in the last quarter. Synergy Investment Management LLC acquired a new stake in iShares AAA CLO Active ETF during the fourth quarter worth about $346,000. Finally, Janney Montgomery Scott LLC increased its holdings in iShares AAA CLO Active ETF by 73.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 14,865 shares of the company’s stock valued at $771,000 after buying an additional 6,308 shares during the period.

iShares AAA CLO Active ETF Stock Performance

Shares of CLOA stock traded down $0.01 during midday trading on Wednesday, hitting $51.90. 146,929 shares of the company were exchanged, compared to its average volume of 498,566. iShares AAA CLO Active ETF has a 52 week low of $51.53 and a 52 week high of $52.05. The firm’s 50 day moving average price is $51.87 and its two-hundred day moving average price is $51.84.

iShares AAA CLO Active ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were issued a $0.2132 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 4.9%. This is a positive change from iShares AAA CLO Active ETF’s previous monthly dividend of $0.21.

About iShares AAA CLO Active ETF

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.