Basso Capital Management L.P. Boosts Holdings in Eldridge BBB-B CLO ETF $CLOZ

Basso Capital Management L.P. boosted its holdings in Eldridge BBB-B CLO ETF (NYSEARCA:CLOZ) by 1,492.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 55,740 shares of the company’s stock after acquiring an additional 52,240 shares during the period. Eldridge BBB-B CLO ETF accounts for about 1.0% of Basso Capital Management L.P.’s portfolio, making the stock its 20th largest holding. Basso Capital Management L.P. owned approximately 0.18% of Eldridge BBB-B CLO ETF worth $1,495,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Claris Financial LLC acquired a new stake in shares of Eldridge BBB-B CLO ETF in the second quarter valued at $922,000. Sound Income Strategies LLC raised its holdings in shares of Eldridge BBB-B CLO ETF by 62.5% in the 3rd quarter. Sound Income Strategies LLC now owns 144,012 shares of the company’s stock valued at $3,843,000 after buying an additional 55,396 shares during the period. Farther Finance Advisors LLC acquired a new position in Eldridge BBB-B CLO ETF during the 3rd quarter worth about $274,000. Worth Asset Management LLC purchased a new position in Eldridge BBB-B CLO ETF during the 3rd quarter valued at about $233,000. Finally, Ethos Financial Group LLC boosted its holdings in Eldridge BBB-B CLO ETF by 13.7% during the 3rd quarter. Ethos Financial Group LLC now owns 32,572 shares of the company’s stock valued at $874,000 after acquiring an additional 3,919 shares during the period.

Eldridge BBB-B CLO ETF Price Performance

NYSEARCA CLOZ opened at $25.68 on Wednesday. The firm has a 50 day simple moving average of $26.42 and a 200-day simple moving average of $26.58. Eldridge BBB-B CLO ETF has a one year low of $25.08 and a one year high of $26.96.

Eldridge BBB-B CLO ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, February 9th. Stockholders of record on Tuesday, February 3rd were given a dividend of $0.1557 per share. This represents a c) annualized dividend and a dividend yield of 7.3%. The ex-dividend date of this dividend was Tuesday, February 3rd.

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.