Verity Asset Management Inc. Decreases Position in Eldridge BBB-B CLO ETF $CLOZ

Verity Asset Management Inc. cut its holdings in Eldridge BBB-B CLO ETF (NYSEARCA:CLOZ) by 66.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,796 shares of the company’s stock after selling 27,455 shares during the period. Verity Asset Management Inc.’s holdings in Eldridge BBB-B CLO ETF were worth $365,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Farther Finance Advisors LLC bought a new position in shares of Eldridge BBB-B CLO ETF during the third quarter valued at about $274,000. Worth Asset Management LLC lifted its stake in shares of Eldridge BBB-B CLO ETF by 209.2% in the 4th quarter. Worth Asset Management LLC now owns 26,818 shares of the company’s stock valued at $710,000 after acquiring an additional 18,146 shares during the last quarter. Ethos Financial Group LLC lifted its stake in shares of 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 valued at $874,000 after acquiring an additional 3,919 shares during the last quarter. Basso Capital Management L.P. boosted its holdings in Eldridge BBB-B CLO ETF by 1,492.6% during 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 period. Finally, JPMorgan Chase & Co. purchased a new stake in Eldridge BBB-B CLO ETF during the 3rd quarter valued at about $1,579,000.

Eldridge BBB-B CLO ETF Stock Performance

CLOZ opened at $26.41 on Friday. The stock’s 50 day simple moving average is $25.83 and its 200 day simple moving average is $26.32. Eldridge BBB-B CLO ETF has a 1 year low of $25.23 and a 1 year high of $26.96.

About Eldridge BBB-B CLO ETF

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.