Gradient Investments LLC Makes New $62.97 Million Investment in Janus Henderson AAA CLO ETF $JAAA

Gradient Investments LLC acquired a new position in shares of Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,247,618 shares of the company’s stock, valued at approximately $62,967,000. Janus Henderson AAA CLO ETF comprises approximately 0.9% of Gradient Investments LLC’s holdings, making the stock its 20th largest holding.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Avidian Wealth Enterprises LLC increased its holdings in Janus Henderson AAA CLO ETF by 9.8% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 42,603 shares of the company’s stock worth $2,150,000 after acquiring an additional 3,806 shares during the last quarter. Toth Financial Advisory Corp boosted its position in shares of Janus Henderson AAA CLO ETF by 112.3% in the third quarter. Toth Financial Advisory Corp now owns 89,804 shares of the company’s stock valued at $4,532,000 after acquiring an additional 47,512 shares during the period. City Center Advisors LLC raised its position in shares of Janus Henderson AAA CLO ETF by 67.7% in the third quarter. City Center Advisors LLC now owns 11,472 shares of the company’s stock worth $579,000 after buying an additional 4,631 shares in the last quarter. Cooper Financial Group lifted its stake in Janus Henderson AAA CLO ETF by 1.4% during the third quarter. Cooper Financial Group now owns 66,276 shares of the company’s stock worth $3,345,000 after purchasing an additional 931 shares during the last quarter. Finally, Wealth Enhancement Trust Services Inc. raised its stake in shares of Janus Henderson AAA CLO ETF by 29.9% during the third quarter. Wealth Enhancement Trust Services Inc. now owns 129,620 shares of the company’s stock worth $6,542,000 after acquiring an additional 29,826 shares in the last quarter.

Janus Henderson AAA CLO ETF Stock Performance

NYSEARCA JAAA traded up $0.01 during trading on Thursday, hitting $50.52. 4,559,240 shares of the company’s stock traded hands, compared to its average volume of 6,172,361. The stock has a fifty day moving average of $50.60 and a two-hundred day moving average of $50.59. Janus Henderson AAA CLO ETF has a 12-month low of $50.32 and a 12-month high of $50.82.

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.