Fortis Group Advisors LLC Boosts Stake in Janus Henderson B-BBB CLO ETF $JBBB

Fortis Group Advisors LLC raised its position in Janus Henderson B-BBB CLO ETF (BATS:JBBB) by 19.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 90,756 shares of the company’s stock after purchasing an additional 15,004 shares during the period. Fortis Group Advisors LLC’s holdings in Janus Henderson B-BBB CLO ETF were worth $4,342,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JBBB. Corebridge Financial Inc. purchased a new stake in Janus Henderson B-BBB CLO ETF in the 3rd quarter worth about $54,200,000. Jane Street Group LLC raised its position in Janus Henderson B-BBB CLO ETF by 484.0% in the 2nd quarter. Jane Street Group LLC now owns 531,456 shares of the company’s stock worth $25,621,000 after purchasing an additional 440,447 shares during the period. Invesco Ltd. purchased a new stake in Janus Henderson B-BBB CLO ETF in the 2nd quarter worth about $20,268,000. Tower Research Capital LLC TRC raised its position in Janus Henderson B-BBB CLO ETF by 589.5% in the 3rd quarter. Tower Research Capital LLC TRC now owns 364,711 shares of the company’s stock worth $17,568,000 after purchasing an additional 311,817 shares during the period. Finally, Ameriprise Financial Inc. raised its position in Janus Henderson B-BBB CLO ETF by 1,064.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 186,900 shares of the company’s stock worth $9,003,000 after purchasing an additional 170,848 shares during the period.

Janus Henderson B-BBB CLO ETF Price Performance

Janus Henderson B-BBB CLO ETF stock opened at $47.46 on Thursday. Janus Henderson B-BBB CLO ETF has a 1-year low of $46.42 and a 1-year high of $48.67. The company’s 50-day moving average is $47.08 and its 200 day moving average is $47.53.

Janus Henderson B-BBB CLO ETF Increases Dividend

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

Janus Henderson B-BBB CLO ETF Profile

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.