Diversified Portfolios Inc. Takes $19.07 Million Position in Nuveen AA-BBB CLO ETF $NCLO

Diversified Portfolios Inc. acquired a new stake in shares of Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 761,276 shares of the company’s stock, valued at approximately $19,070,000. Nuveen AA-BBB CLO ETF comprises approximately 1.6% of Diversified Portfolios Inc.’s investment portfolio, making the stock its 15th biggest position. Diversified Portfolios Inc. owned approximately 0.13% of Nuveen AA-BBB CLO ETF as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of NCLO. Corrado Advisors LLC boosted 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 valued at $1,869,000 after acquiring an additional 2,500 shares during the period. Sanctuary Advisors LLC boosted 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 valued at $481,000 after acquiring an additional 2,961 shares during the period. Harbour Investments Inc. boosted 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 valued at $178,000 after acquiring an additional 6,700 shares during the period. Trajan Wealth LLC purchased a new stake in Nuveen AA-BBB CLO ETF during the 3rd quarter valued at about $338,000. Finally, GC Wealth Management RIA LLC purchased a new stake in Nuveen AA-BBB CLO ETF during the 4th quarter valued at about $752,000.

Nuveen AA-BBB CLO ETF Stock Performance

Shares of NCLO stock opened at $25.05 on Tuesday. Nuveen AA-BBB CLO ETF has a 1-year low of $24.22 and a 1-year high of $25.27. The business has a 50-day moving average of $24.93 and a 200 day moving average of $24.99.

About Nuveen AA-BBB CLO ETF

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.