Eldridge BBB-B CLO ETF $CLOZ Shares Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC lifted its position in shares of Eldridge BBB-B CLO ETF (NYSEARCA:CLOZ) by 271.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,842 shares of the company’s stock after buying an additional 27,641 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.13% of Eldridge BBB-B CLO ETF worth $1,002,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of CLOZ. Worth Asset Management LLC acquired a new stake in Eldridge BBB-B CLO ETF during the third quarter worth approximately $233,000. Ethos Financial Group LLC grew its stake in Eldridge BBB-B CLO ETF by 13.7% in the 3rd quarter. Ethos Financial Group LLC now owns 32,572 shares of the company’s stock worth $874,000 after acquiring an additional 3,919 shares during the period. Basso Capital Management L.P. raised its holdings in Eldridge BBB-B CLO ETF by 1,492.6% in the 3rd quarter. Basso Capital Management L.P. now owns 55,740 shares of the company’s stock valued at $1,495,000 after acquiring an additional 52,240 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in Eldridge BBB-B CLO ETF in the 3rd quarter valued at $1,579,000. Finally, Copia Wealth Management lifted its stake in shares of Eldridge BBB-B CLO ETF by 147.2% during the 3rd quarter. Copia Wealth Management now owns 72,049 shares of the company’s stock worth $1,932,000 after purchasing an additional 42,908 shares during the period.

Eldridge BBB-B CLO ETF Stock Performance

CLOZ stock opened at $26.14 on Thursday. Eldridge BBB-B CLO ETF has a 52-week low of $25.23 and a 52-week high of $26.96. The stock’s fifty day simple moving average is $25.85 and its 200-day simple moving average is $26.34.

Eldridge BBB-B CLO ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, February 9th. Investors of record on Tuesday, February 3rd were given a dividend of $0.1557 per share. The ex-dividend date was Tuesday, February 3rd. This represents a c) annualized dividend and a yield of 7.1%.

Eldridge BBB-B CLO ETF Company Profile

The Panagram Bbb-B Clo ETF (CLOZ) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in USD-denominated collateralized loan obligations of any maturity that are rated between BBB+ and B-. CLOZ was launched on Jan 24, 2023 and is managed by Panagram.