VanEck AA-BB CLO ETF $CLOB Shares Acquired by Independence Asset Advisors LLC

Independence Asset Advisors LLC boosted its stake in VanEck AA-BB CLO ETF (NYSEARCA:CLOB) by 1.8% in the 1st quarter, Holdings Channel.com reports. The firm owned 911,773 shares of the company’s stock after acquiring an additional 16,237 shares during the quarter. VanEck AA-BB CLO ETF makes up about 16.5% of Independence Asset Advisors LLC’s investment portfolio, making the stock its 3rd biggest position. Independence Asset Advisors LLC owned approximately 0.28% of VanEck AA-BB CLO ETF worth $45,575,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Mpwm Advisory Solutions LLC bought a new stake in shares of VanEck AA-BB CLO ETF during the third quarter worth $41,000. International Assets Investment Management LLC bought a new position in shares of VanEck AA-BB CLO ETF in the 4th quarter valued at $43,000. Summit Financial LLC lifted its stake in shares of VanEck AA-BB CLO ETF by 20.7% in the 4th quarter. Summit Financial LLC now owns 9,475 shares of the company’s stock valued at $480,000 after acquiring an additional 1,622 shares during the last quarter. Tower Research Capital LLC TRC acquired a new stake in shares of VanEck AA-BB CLO ETF during the 2nd quarter valued at $84,000. Finally, Darwin Wealth Management LLC boosted its holdings in shares of VanEck AA-BB CLO ETF by 2.0% during the 4th quarter. Darwin Wealth Management LLC now owns 159,453 shares of the company’s stock valued at $8,079,000 after acquiring an additional 3,119 shares in the last quarter.

VanEck AA-BB CLO ETF Stock Performance

Shares of CLOB stock opened at $50.51 on Monday. VanEck AA-BB CLO ETF has a twelve month low of $49.28 and a twelve month high of $51.17. The stock’s fifty day simple moving average is $50.41 and its 200 day simple moving average is $50.45.

VanEck AA-BB CLO ETF Company Profile

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.