iShares AAA CLO Active ETF (NASDAQ:CLOA) Stock Price Cross Below Two Hundred Day Moving Average – What’s Next?

iShares AAA CLO Active ETF (NASDAQ:CLOA) passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $51.86 and traded as low as $51.74. iShares AAA CLO Active ETF shares last traded at $51.78, with a volume of 834,358 shares traded.

iShares AAA CLO Active ETF Trading Down 0.4%

The stock has a fifty day moving average of $51.88 and a two-hundred day moving average of $51.86.

iShares AAA CLO Active ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd will be issued a dividend of $0.21 per share. The ex-dividend date is Monday, November 2nd. This is a boost from iShares AAA CLO Active ETF’s previous monthly dividend of $0.2022. This represents a $2.52 annualized dividend and a dividend yield of 4.9%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Pension & Wealth Management Advisors Inc. increased its position in iShares AAA CLO Active ETF by 17.8% in the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 147,881 shares of the company’s stock valued at $7,672,000 after acquiring an additional 22,381 shares in the last quarter. Kickstand Ventures LLC. raised its stake in shares of iShares AAA CLO Active ETF by 2.9% in the second quarter. Kickstand Ventures LLC. now owns 128,098 shares of the company’s stock worth $6,650,000 after acquiring an additional 3,559 shares during the last quarter. Bulwark Capital Corp raised its stake in shares of iShares AAA CLO Active ETF by 39.4% in the second quarter. Bulwark Capital Corp now owns 98,567 shares of the company’s stock worth $5,117,000 after acquiring an additional 27,872 shares during the last quarter. Aureus Asset Management LLC lifted its position in shares of iShares AAA CLO Active ETF by 6.7% during the first quarter. Aureus Asset Management LLC now owns 70,834 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,431 shares in the last quarter. Finally, Cox Capital Mgt LLC grew its stake in shares of iShares AAA CLO Active ETF by 4.5% during the third quarter. Cox Capital Mgt LLC now owns 33,612 shares of the company’s stock valued at $1,744,000 after purchasing an additional 1,434 shares during the last quarter.

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.