Richard Bernstein Advisors Invests $320.66 Million in iShares CLOA ETF
Richard Bernstein Advisors acquired 6.2 million shares of the iShares AAA CLO Active ETF (CLOA) for an estimated $320.66 million, representing 9.3% of its reportable AUM. The purchase places CLOA among the fund's top five holdings. The ETF's price has declined slightly, and its one-year return lags behind the S&P 500.
Topics: BlackRock ETF Trust II ETF Fund Holdings Investment Activity