39,200 Shares in VanEck AA-BB CLO ETF $CLOB Purchased by Employees Retirement Fund of the City of Fort Worth

Employees Retirement Fund of the City of Fort Worth purchased a new position in shares of VanEck AA-BB CLO ETF (NYSEARCA:CLOB) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 39,200 shares of the company’s stock, valued at approximately $1,986,000. VanEck AA-BB CLO ETF makes up approximately 0.9% of Employees Retirement Fund of the City of Fort Worth’s holdings, making the stock its 20th largest position. Employees Retirement Fund of the City of Fort Worth owned 1.15% of VanEck AA-BB CLO ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CLOB. Jane Street Group LLC lifted its position in VanEck AA-BB CLO ETF by 31.9% during the 1st quarter. Jane Street Group LLC now owns 70,403 shares of the company’s stock worth $3,567,000 after buying an additional 17,022 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of VanEck AA-BB CLO ETF in the 2nd quarter valued at $7,755,000. EP Wealth Advisors LLC acquired a new stake in shares of VanEck AA-BB CLO ETF in the 2nd quarter valued at $336,000. Tower Research Capital LLC TRC acquired a new stake in shares of VanEck AA-BB CLO ETF in the 2nd quarter valued at $84,000. Finally, Osaic Holdings Inc. acquired a new stake in shares of VanEck AA-BB CLO ETF in the 2nd quarter valued at $206,000.

VanEck AA-BB CLO ETF Price Performance

NYSEARCA CLOB opened at $50.40 on Thursday. The stock has a fifty day moving average of $50.27 and a 200-day moving average of $50.48. VanEck AA-BB CLO ETF has a 52 week low of $49.28 and a 52 week high of $51.17.

VanEck AA-BB CLO ETF 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.