Flow Traders U.S. LLC Invests $4.28 Million in Eldridge BBB-B CLO ETF $CLOZ

Flow Traders U.S. LLC purchased a new stake in shares of Eldridge BBB-B CLO ETF (NYSEARCA:CLOZ) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 159,522 shares of the company’s stock, valued at approximately $4,278,000. Flow Traders U.S. LLC owned about 0.52% of Eldridge BBB-B CLO ETF as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the company. Worth Asset Management LLC bought a new position in Eldridge BBB-B CLO ETF in the 3rd quarter valued at approximately $233,000. Farther Finance Advisors LLC bought a new stake in shares of Eldridge BBB-B CLO ETF in the 3rd quarter worth $274,000. Ethos Financial Group LLC raised its stake in shares of Eldridge BBB-B CLO ETF by 13.7% in the third quarter. Ethos Financial Group LLC now owns 32,572 shares of the company’s stock worth $874,000 after purchasing an additional 3,919 shares during the last quarter. Claris Financial LLC purchased a new position in shares of Eldridge BBB-B CLO ETF in the second quarter worth $922,000. Finally, Basso Capital Management L.P. lifted its holdings in shares of Eldridge BBB-B CLO ETF by 1,492.6% during the third quarter. Basso Capital Management L.P. now owns 55,740 shares of the company’s stock valued at $1,495,000 after purchasing an additional 52,240 shares in the last quarter.

Eldridge BBB-B CLO ETF Stock Up 0.1%

Eldridge BBB-B CLO ETF stock opened at $25.54 on Tuesday. Eldridge BBB-B CLO ETF has a one year low of $25.08 and a one year high of $26.96. The business’s fifty day moving average is $26.35 and its 200 day moving average is $26.54.

Eldridge BBB-B CLO ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, February 9th. Stockholders of record on Tuesday, February 3rd were issued a dividend of $0.1557 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date of this dividend was Tuesday, February 3rd.

Eldridge BBB-B CLO ETF Profile

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.