iShares AAA CLO Active ETF (NASDAQ:CLOA) Sees Large Volume Increase – What’s Next?

Shares of iShares AAA CLO Active ETF (NASDAQ:CLOA) saw strong trading volume on Wednesday . 205,431 shares traded hands during trading, an increase of 16% from the previous session’s volume of 177,643 shares.The stock last traded at $51.89 and had previously closed at $51.86.

iShares AAA CLO Active ETF Price Performance

The company’s fifty day moving average is $51.81 and its 200-day moving average is $51.83.

iShares AAA CLO Active ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.2447 dividend. The ex-dividend date was Wednesday, December 18th.

Institutional Trading of iShares AAA CLO Active ETF

A number of hedge funds have recently bought and sold shares of the company. PSI Advisors LLC boosted its position in iShares AAA CLO Active ETF by 76.2% in the fourth quarter. PSI Advisors LLC now owns 916 shares of the company’s stock worth $47,000 after purchasing an additional 396 shares during the last quarter. First Horizon Advisors Inc. lifted its stake in shares of iShares AAA CLO Active ETF by 45.7% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,690 shares of the company’s stock worth $88,000 after purchasing an additional 530 shares during the period. Freestate Advisors LLC purchased a new position in shares of iShares AAA CLO Active ETF in the third quarter worth approximately $258,000. High Falls Advisors Inc bought a new stake in iShares AAA CLO Active ETF during the second quarter valued at approximately $512,000. Finally, Invst LLC bought a new stake in iShares AAA CLO Active ETF during the second quarter valued at approximately $576,000.

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.