Pasadena Private Wealth Reduces Stake in Janus Henderson CLO ETF

Pasadena Private Wealth LLC has reduced its holdings in the Janus Henderson AAA CLO ETF (NYSEARCA: JAAA) by 18.3%, according to its latest Form 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 24,771 shares of the fund’s stock, following the sale of 5,549 shares during the second quarter. As of the most recent filing, Pasadena Private Wealth’s stake in the Janus Henderson AAA CLO ETF is valued at approximately $1.26 million.

The reduction in holdings is part of a broader trend, as several other institutional investors have also made adjustments to their positions in the Janus Henderson AAA CLO ETF. For instance, Logan Capital Management Inc. entered a new position in the fund during the first quarter, investing $25,000. Similarly, Olde Wealth Management LLC and HFM Investment Advisors LLC made new investments worth $26,000 and $50,000, respectively, in the same period.

In addition to new investments, some firms have increased their existing stakes. Rosenberg Matthew Hamilton raised its holdings by 52.4% in the first quarter, now owning 1,062 shares valued at about $54,000. Mather Group LLC also expanded its investment by 22.4%, increasing its total to 1,093 shares worth $55,000.

Investors observed a slight fluctuation in the ETF’s trading performance on Monday, with shares opening at $50.65. Over the last year, the Janus Henderson AAA CLO ETF has experienced a low of $49.65 and a high of $51.05. The ETF’s fifty-day moving average stands at $50.68, while the 200-day moving average is at $50.61.

Understanding the Janus Henderson AAA CLO ETF

The Janus Henderson AAA CLO ETF primarily invests in investment-grade fixed income securities. The fund focuses on actively selecting investment-grade floating-rate collateralized loan obligations (CLOs) from issuers worldwide. Its investment strategy aims to provide current income while managing risk through diversified assets.

As market dynamics continue to evolve, investors are keenly observing the movements of institutional players like Pasadena Private Wealth LLC and others. Monitoring these changes can provide valuable insights into market trends and investment strategies.

For those interested in tracking institutional holdings and market movements, resources like HoldingsChannel.com offer comprehensive updates on 13F filings and insider trades related to the Janus Henderson AAA CLO ETF.