Gibbs Wealth Management continued its pattern of expanding stakes in both Wells Fargo and Janus Henderson CLO ETFs. It boosted its Wells Fargo holding by 74.8% in the first quarter, bringing the position to 31,592 shares valued at about $2.5 million. In Janus Henderson AAA CLO ETF (JAAA), Gibbs increased its stake by 96.5% to 73,461 shares, worth roughly $3.7 million. It also raised its position in Janus Henderson B-BBB CLO ETF (JBBB) by 58.8% to 53,036 shares, valued at about $2.5 million. The reporting shows broader interest from other institutional investors in these CLO ETFs, highlighting a wave of points of agreement and competition in such holdings. Taken together, the articles illustrate Gibbs’s ongoing strategy to overweight select CLO ETF exposures while maintaining positions in diversified financial equities.