iShares AAA CLO Active ETF (NASDAQ:CLOA) Reaches New 12-Month High – Here’s Why

iShares AAA CLO Active ETF (NASDAQ:CLOA)’s stock price reached a new 52-week high on Monday . The stock traded as high as $52.12 and last traded at $51.99, with a volume of 4644 shares trading hands. The stock had previously closed at $51.98.

iShares AAA CLO Active ETF Trading Down 0.4 %

The firm has a 50-day moving average of $51.86 and a two-hundred day moving average of $51.85.

iShares AAA CLO Active ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a $0.2682 dividend. The ex-dividend date was Friday, November 1st.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. First Horizon Advisors Inc. acquired a new position in shares of iShares AAA CLO Active ETF during the 2nd quarter valued at about $60,000. LGT Financial Advisors LLC acquired a new position in shares of iShares AAA CLO Active ETF during the 2nd quarter valued at about $114,000. Chris Bulman Inc acquired a new position in shares of iShares AAA CLO Active ETF during the 2nd quarter valued at about $147,000. SigFig Wealth Management LLC acquired a new position in shares of iShares AAA CLO Active ETF during the 2nd quarter valued at about $237,000. Finally, Freestate Advisors LLC acquired a new position in shares of iShares AAA CLO Active ETF during the 3rd quarter valued at about $258,000.

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.