Verity Asset Management Inc. Cuts Position in Eldridge BBB-B CLO ETF $CLOZ

Verity Asset Management Inc. lessened its position in Eldridge BBB-B CLO ETF (NYSEARCA:CLOZ) by 66.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,796 shares of the company’s stock after selling 27,455 shares during the quarter. Verity Asset Management Inc.’s holdings in Eldridge BBB-B CLO ETF were worth $365,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC purchased a new position in shares of Eldridge BBB-B CLO ETF in the 3rd quarter worth about $274,000. Worth Asset Management LLC increased its position in shares of Eldridge BBB-B CLO ETF by 209.2% during the 4th quarter. Worth Asset Management LLC now owns 26,818 shares of the company’s stock valued at $710,000 after purchasing an additional 18,146 shares during the last quarter. Ethos Financial Group LLC increased its position in shares of Eldridge BBB-B CLO ETF by 13.7% during the 3rd quarter. Ethos Financial Group LLC now owns 32,572 shares of the company’s stock valued at $874,000 after purchasing an additional 3,919 shares during the last quarter. Basso Capital Management L.P. raised its holdings in shares of Eldridge BBB-B CLO ETF by 1,492.6% during the 3rd quarter. Basso Capital Management L.P. now owns 55,740 shares of the company’s stock valued at $1,495,000 after buying an additional 52,240 shares in the last quarter. Finally, JPMorgan Chase & Co. purchased a new position in shares of Eldridge BBB-B CLO ETF during the 3rd quarter valued at about $1,579,000.

Eldridge BBB-B CLO ETF Stock Performance

NYSEARCA:CLOZ opened at $26.41 on Friday. The business has a 50 day moving average of $25.83 and a 200 day moving average of $26.32. Eldridge BBB-B CLO ETF has a 1-year low of $25.23 and a 1-year high of $26.96.

About Eldridge BBB-B CLO ETF

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.