CLOA ETF Sees 6.2M Shares Acquired by Richard Bernstein Advisors

AI Summary

Richard Bernstein Advisors LLC acquired 6,186,664 shares of the iShares AAA CLO Active ETF (CLOA) for approximately $320.66 million, representing 9.3% of the firm's assets under management (AUM) as of March 31, 2026. The ETF is priced at $51.85, down 0.36% from its 52-week high, with a one-year total return of 6.2%. This purchase positions CLOA among the top five holdings of the firm, indicating a strategic shift towards capital preservation and income generation through AAA-rated collateralized loan obligations. Richard Bernstein Advisors has reported a total of 227 positions and $3.45 billion in AUM.