Landing Point Financial Group LLC Has $14.02 Million Holdings in iShares AAA CLO Active ETF $CLOA

Landing Point Financial Group LLC grew its stake in iShares AAA CLO Active ETF (NASDAQ:CLOA) by 6.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 270,956 shares of the company’s stock after purchasing an additional 15,235 shares during the quarter. iShares AAA CLO Active ETF makes up 7.0% of Landing Point Financial Group LLC’s holdings, making the stock its 4th largest holding. Landing Point Financial Group LLC’s holdings in iShares AAA CLO Active ETF were worth $14,021,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. Kickstand Ventures LLC. grew its holdings in shares of iShares AAA CLO Active ETF by 10.8% in the 3rd quarter. Kickstand Ventures LLC. now owns 122,483 shares of the company’s stock valued at $6,365,000 after acquiring an additional 11,926 shares in the last quarter. Bulwark Capital Corp grew its holdings in shares of iShares AAA CLO Active ETF by 92.3% in the 4th quarter. Bulwark Capital Corp now owns 45,373 shares of the company’s stock valued at $2,348,000 after acquiring an additional 21,782 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares AAA CLO Active ETF by 4.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 141,784 shares of the company’s stock valued at $7,368,000 after acquiring an additional 5,437 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of iShares AAA CLO Active ETF by 93.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,810 shares of the company’s stock valued at $198,000 after acquiring an additional 1,838 shares in the last quarter. Finally, Synergy Investment Management LLC bought a new position in shares of iShares AAA CLO Active ETF in the 4th quarter valued at about $346,000.

iShares AAA CLO Active ETF Stock Performance

Shares of NASDAQ CLOA opened at $51.83 on Monday. The business has a 50-day moving average of $51.85 and a 200-day moving average of $51.83. iShares AAA CLO Active ETF has a fifty-two week low of $51.53 and a fifty-two week high of $52.05.

iShares AAA CLO Active ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a dividend of $0.2046 per share. The ex-dividend date was Monday, June 1st. This is an increase from iShares AAA CLO Active ETF’s previous monthly dividend of $0.19. This represents a c) dividend on an annualized basis and a yield of 4.7%.

iShares AAA CLO Active ETF 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.