37,997 Shares in BlackRock AAA CLO ETF (NASDAQ:CLOA) Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC purchased a new stake in shares of BlackRock AAA CLO ETF (NASDAQ:CLOA) in the second quarter, HoldingsChannel.com reports. The fund purchased 37,997 shares of the company’s stock, valued at approximately $1,974,000.

Several other institutional investors have also modified their holdings of the company. Toews Corp ADV purchased a new position in shares of BlackRock AAA CLO ETF in the first quarter valued at $2,162,000. Adams Wealth Management boosted its stake in shares of BlackRock AAA CLO ETF by 19.2% during the first quarter. Adams Wealth Management now owns 190,638 shares of the company’s stock valued at $9,862,000 after acquiring an additional 30,645 shares during the last quarter. Private Wealth Partners LLC acquired a new stake in shares of BlackRock AAA CLO ETF during the fourth quarter valued at $564,000. Comerica Bank acquired a new stake in shares of BlackRock AAA CLO ETF during the first quarter valued at $467,000. Finally, Transcend Capital Advisors LLC boosted its stake in shares of BlackRock AAA CLO ETF by 45.8% during the second quarter. Transcend Capital Advisors LLC now owns 27,042 shares of the company’s stock valued at $1,405,000 after acquiring an additional 8,500 shares during the last quarter.

BlackRock AAA CLO ETF Stock Up 0.1 %

Shares of CLOA traded up $0.05 during trading hours on Wednesday, reaching $51.77. 52,094 shares of the company traded hands, compared to its average volume of 71,444. BlackRock AAA CLO ETF has a fifty-two week low of $50.93 and a fifty-two week high of $52.02. The stock has a fifty day simple moving average of $51.84 and a 200 day simple moving average of $51.73.

BlackRock AAA CLO ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were given a dividend of $0.2544 per share. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $3.05 annualized dividend and a yield of 5.90%.

BlackRock AAA CLO ETF Company Profile

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.