Janus Henderson AAA CLO ETF $JAAA Stock: Hidden Cove Wealth Management LLC Cuts Position

Hidden Cove Wealth Management LLC trimmed its stake in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) by 8.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 227,828 shares of the company’s stock after selling 20,490 shares during the period. Janus Henderson AAA CLO ETF accounts for 6.2% of Hidden Cove Wealth Management LLC’s portfolio, making the stock its 3rd largest position. Hidden Cove Wealth Management LLC’s holdings in Janus Henderson AAA CLO ETF were worth $11,498,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Janus Henderson AAA CLO ETF during the fourth quarter valued at about $29,000. Montgomery Financial Services LLC purchased a new position in Janus Henderson AAA CLO ETF in the second quarter valued at about $34,000. Legacy Wealth Managment LLC ID grew its stake in Janus Henderson AAA CLO ETF by 122.4% in the first quarter. Legacy Wealth Managment LLC ID now owns 965 shares of the company’s stock valued at $49,000 after purchasing an additional 531 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Janus Henderson AAA CLO ETF by 90.5% in the first quarter. PNC Financial Services Group Inc. now owns 1,025 shares of the company’s stock worth $52,000 after purchasing an additional 487 shares in the last quarter. Finally, Ballast Advisors LLC bought a new position in Janus Henderson AAA CLO ETF in the first quarter worth about $57,000.

Janus Henderson AAA CLO ETF Stock Up 0.0%

Shares of NYSEARCA:JAAA traded up $0.01 during trading on Monday, reaching $50.59. The stock had a trading volume of 6,870,398 shares, compared to its average volume of 6,211,638. Janus Henderson AAA CLO ETF has a one year low of $50.32 and a one year high of $50.82. The firm’s 50-day simple moving average is $50.60 and its 200 day simple moving average is $50.59.

About Janus Henderson AAA CLO ETF

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.