Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO – Get Free Report) was the recipient of a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 15,457 shares, a drop of 44.7% from the March 15th total of 27,945 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 66,313 shares, the short-interest ratio is presently 0.2 days.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Corrado Advisors LLC lifted its holdings in Nuveen AA-BBB CLO ETF by 3.5% during the 3rd quarter. Corrado Advisors LLC now owns 74,431 shares of the company’s stock worth $1,869,000 after buying an additional 2,500 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in Nuveen AA-BBB CLO ETF by 18.2% during the 4th quarter. Sanctuary Advisors LLC now owns 19,215 shares of the company’s stock worth $481,000 after buying an additional 2,961 shares during the last quarter. Harbour Investments Inc. lifted its holdings in Nuveen AA-BBB CLO ETF by 1,683.4% during the 4th quarter. Harbour Investments Inc. now owns 7,098 shares of the company’s stock worth $178,000 after buying an additional 6,700 shares during the last quarter. Closed End Fund Advisors Inc. purchased a new stake in Nuveen AA-BBB CLO ETF during the 4th quarter worth about $218,000. Finally, Trajan Wealth LLC purchased a new stake in Nuveen AA-BBB CLO ETF during the 3rd quarter worth about $338,000.
Nuveen AA-BBB CLO ETF Trading Up 0.0%
NYSEARCA:NCLO traded up $0.01 during midday trading on Wednesday, reaching $24.93. The company had a trading volume of 2,817 shares, compared to its average volume of 47,897. The stock’s fifty day simple moving average is $24.89 and its 200-day simple moving average is $25.00. Nuveen AA-BBB CLO ETF has a 12-month low of $24.22 and a 12-month high of $25.27.
Nuveen AA-BBB CLO ETF Company Profile
The Nuveen AA-BBB CLO ETF (NCLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, seeking total return through investments in USD-denominated, investment-grade collateralized loan obligations (CLOs) of any maturity. NCLO was launched on Dec 10, 2024 and is issued by Nuveen.
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