BlackRock ETF Trust II - BlackRock AAA CLO ETF Price & Performance (CLOA)

The BlackRock AAA CLO ETF has been downgraded to a sell candidate due to a combination of technical and long-term negative indicators. Despite a recent small gain of 0.0193%, the ETF’s performance over the last ten days has been weak, with a 0.08% decline overall. Analysts predict continued challenges.1

Hartford AAA CLO ETF experienced a surge in institutional investment, with Commonwealth Equity Services LLC increasing its stake by 199.1% in the fourth quarter. Other major institutions, including JPMorgan Chase and Raymond James, also boosted their holdings, reflecting growing confidence in this ETF’s potential.2

Blue Owl Capital emphasized the expanding role of private credit during a recent conference. The firm noted the evolution of AAA CLOs from niche assets to a $21 billion ETF market in two years, underscoring increased liquidity and investor demand. This shift signals potential opportunities for alternative investment strategies.3