VanEck AA-BB CLO ETF $CLOB Stock Position Raised by L & S Advisors Inc

L & S Advisors Inc boosted its position in shares of VanEck AA-BB CLO ETF (NYSEARCA:CLOB) by 91.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 34,703 shares of the company’s stock after purchasing an additional 16,567 shares during the period. L & S Advisors Inc owned 1.65% of VanEck AA-BB CLO ETF worth $1,764,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Independence Asset Advisors LLC boosted its position in VanEck AA-BB CLO ETF by 5,087.4% during the second quarter. Independence Asset Advisors LLC now owns 389,057 shares of the company’s stock valued at $19,771,000 after purchasing an additional 381,557 shares during the last quarter. Jane Street Group LLC grew its stake in shares of VanEck AA-BB CLO ETF by 31.9% in the 1st quarter. Jane Street Group LLC now owns 70,403 shares of the company’s stock valued at $3,567,000 after buying an additional 17,022 shares in the last quarter. Balefire LLC increased its holdings in VanEck AA-BB CLO ETF by 46.4% in the second quarter. Balefire LLC now owns 13,054 shares of the company’s stock worth $663,000 after buying an additional 4,135 shares during the last quarter. Finally, Townsquare Capital LLC bought a new position in VanEck AA-BB CLO ETF during the first quarter valued at approximately $452,000.

VanEck AA-BB CLO ETF Price Performance

CLOB stock opened at $50.75 on Friday. The firm has a 50 day moving average of $50.86 and a two-hundred day moving average of $50.67. VanEck AA-BB CLO ETF has a 12 month low of $45.00 and a 12 month high of $51.17.

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.