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

L & S Advisors Inc lifted its stake in shares of VanEck AA-BB CLO ETF (NYSEARCA:CLOB) by 320.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 140,445 shares of the company’s stock after acquiring an additional 107,073 shares during the quarter. L & S Advisors Inc owned 4.13% of VanEck AA-BB CLO ETF worth $7,116,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. International Assets Investment Management LLC bought a new stake in shares of VanEck AA-BB CLO ETF during the 4th quarter worth $43,000. Independence Asset Advisors LLC boosted its stake in shares of VanEck AA-BB CLO ETF by 1.5% during the 4th quarter. Independence Asset Advisors LLC now owns 895,536 shares of the company’s stock worth $45,375,000 after acquiring an additional 13,508 shares in the last quarter. Darwin Wealth Management LLC boosted its position in shares of VanEck AA-BB CLO ETF by 2.0% in the fourth quarter. Darwin Wealth Management LLC now owns 159,453 shares of the company’s stock worth $8,079,000 after buying an additional 3,119 shares during the period. Mpwm Advisory Solutions LLC acquired a new stake in shares of VanEck AA-BB CLO ETF in the third quarter worth $41,000. Finally, Ferguson Shapiro LLC acquired a new stake in shares of VanEck AA-BB CLO ETF in the third quarter worth $493,000.

VanEck AA-BB CLO ETF Price Performance

Shares of VanEck AA-BB CLO ETF stock opened at $50.43 on Friday. The business has a fifty day simple moving average of $50.06 and a 200-day simple moving average of $50.53. VanEck AA-BB CLO ETF has a 12 month low of $49.28 and a 12 month high of $51.17.

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.