VanEck AA-BB CLO ETF $CLOB Shares Sold by Castleview Partners LLC

Castleview Partners LLC lessened its stake in shares of VanEck AA-BB CLO ETF (NYSEARCA:CLOB) by 27.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,831 shares of the company’s stock after selling 11,533 shares during the quarter. VanEck AA-BB CLO ETF accounts for 0.7% of Castleview Partners LLC’s investment portfolio, making the stock its 27th biggest position. Castleview Partners LLC owned 0.99% of VanEck AA-BB CLO ETF worth $1,511,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Independence Asset Advisors LLC raised its holdings in shares of VanEck AA-BB CLO ETF by 126.7% during the 3rd quarter. Independence Asset Advisors LLC now owns 882,028 shares of the company’s stock valued at $44,971,000 after buying an additional 492,971 shares during the period. Darwin Wealth Management LLC lifted its position in VanEck AA-BB CLO ETF by 2.5% during the 3rd quarter. Darwin Wealth Management LLC now owns 156,334 shares of the company’s stock worth $7,971,000 after acquiring an additional 3,739 shares in the last quarter. Jane Street Group LLC boosted its holdings in VanEck AA-BB CLO ETF by 187.3% in the 2nd quarter. Jane Street Group LLC now owns 202,298 shares of the company’s stock worth $10,281,000 after acquiring an additional 131,895 shares during the period. EP Wealth Advisors LLC purchased a new position in VanEck AA-BB CLO ETF in the 2nd quarter worth approximately $336,000. Finally, Osaic Holdings Inc. acquired a new stake in VanEck AA-BB CLO ETF in the second quarter valued at approximately $206,000.

VanEck AA-BB CLO ETF Trading Up 0.2%

CLOB opened at $50.06 on Thursday. The firm’s 50 day moving average is $50.44 and its 200-day moving average is $50.71. VanEck AA-BB CLO ETF has a 52-week low of $45.00 and a 52-week high of $51.17.

VanEck AA-BB CLO ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a dividend of $0.2321 per share. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend was Monday, March 2nd.

About VanEck AA-BB CLO ETF

The VanEck AA-BB CLO ETF (CLOB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in collateralized loan obligations (CLOs) of any maturity that are rated between AA+ and BB-. While targeting USD-denominated high-quality CLOs, the fund may still hold high-yield bonds in foreign currency. CLOB was launched on Sep 24, 2024 and is issued by VanEck.