Avid Wealth Partners LLC has significantly increased its investment in the Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) by 175.8% during the third quarter of 2023. The institutional investor acquired an additional 22,622 shares, raising its total ownership to 35,491 shares, which is valued at approximately $1,802,000. This stock now represents about 0.9% of Avid Wealth Partners’ overall holdings, making it the firm’s 21st largest investment.
Several other institutional investors have also made adjustments to their positions in the Janus Henderson AAA CLO ETF recently. For instance, Bessemer Group Inc. entered the market with a new stake valued at $30,000 during the second quarter. Additionally, Richardson Capital Management LLC acquired shares worth about $33,000 in the third quarter. Other notable investors include Abich Financial Wealth Management LLC, which bought a stake valued at approximately $36,000, and Mather Group LLC, which invested about $45,000 during the same period. First Horizon Advisors Inc. also increased its holdings by 63.8% in the second quarter, owning 981 shares valued at $50,000 after purchasing an additional 382 shares.
Performance Metrics and Overview
As of the most recent trading session, the Janus Henderson AAA CLO ETF opened at $50.71. The fund’s performance metrics indicate a 50-day moving average of $50.64 and a 200-day moving average of $50.66. Over the past year, the ETF recorded a low of $49.65 and a high of $50.95.
The Janus Henderson AAA CLO ETF primarily focuses on investment-grade fixed income securities. Launched on October 16, 2020, the fund aims to generate current income by selectively investing in floating-rate collateralized loan obligations (CLOs) from various issuers worldwide.
Investors interested in analyzing further holdings related to the Janus Henderson AAA CLO ETF can find updated information on 13F filings and insider trades at HoldingsChannel.com. For daily summaries of news and analyst ratings for JAAA and related entities, individuals can subscribe to MarketBeat.com’s free daily email newsletter.
