Alternative Access First Priority CLO Bond ETF (NYSEARCA:AAA) to Issue Dividend Increase – $0.11 Per Share

Alternative Access First Priority CLO Bond ETF (NYSEARCA:AAA) announced a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be given a dividend of 0.1067 per share on Friday, March 28th. The ex-dividend date of this dividend is Thursday, March 27th. This is a 12.7% increase from Alternative Access First Priority CLO Bond ETF’s previous dividend of $0.09.

Alternative Access First Priority CLO Bond ETF Price Performance

NYSEARCA AAA traded down $0.19 during mid-day trading on Thursday, reaching $24.85. 28,265 shares of the stock were exchanged, compared to its average volume of 13,540. Alternative Access First Priority CLO Bond ETF has a one year low of $24.84 and a one year high of $25.40. The stock has a 50 day simple moving average of $25.12 and a 200-day simple moving average of $25.11.

Alternative Access First Priority CLO Bond ETF Company Profile

The AXS First Priority CLO Bond ETF (AAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide income by actively selecting USD-denominated, investment-grade collateralized loan obligations, or CLO bonds, of any maturity. AAA was launched on Sep 9, 2020 and is managed by AXS Investments.