VanEck AA-BB CLO ETF $CLOB Stock Acquired by International Assets Investment Management LLC

by · The Cerbat Gem

International Assets Investment Management LLC boosted its holdings in VanEck AA-BB CLO ETF (NYSEARCA:CLOB – Free Report) by 3,614.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,323 shares of the company’s stock after acquiring an additional 97,622 shares during the quarter. International Assets Investment Management LLC owned 2.51% of VanEck AA-BB CLO ETF worth $5,055,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in CLOB. NewEdge Advisors LLC grew its stake in shares of VanEck AA-BB CLO ETF by 2,074.2% in the 1st quarter. NewEdge Advisors LLC now owns 8,697 shares of the company’s stock valued at $435,000 after purchasing an additional 8,297 shares during the period. Ferguson Shapiro LLC lifted its position in shares of VanEck AA-BB CLO ETF by 3.7% during the 2nd quarter. Ferguson Shapiro LLC now owns 8,956 shares of the company’s stock worth $452,000 after buying an additional 316 shares during the period. Compass Financial Management LLC bought a new position in shares of VanEck AA-BB CLO ETF during the 2nd quarter worth approximately $684,000. Finally, Royal Bank of Canada lifted its position in shares of VanEck AA-BB CLO ETF by 108.2% during the 1st quarter. Royal Bank of Canada now owns 24,996 shares of the company’s stock worth $1,249,000 after buying an additional 12,992 shares during the period.

VanEck AA-BB CLO ETF Price Performance

Shares of CLOB stock opened at $50.33 on Monday. The stock’s fifty day simple moving average is $50.31 and its 200 day simple moving average is $50.34. VanEck AA-BB CLO ETF has a one year low of $49.28 and a one year high of $51.10.

VanEck AA-BB CLO ETF Company Profile

(Free Report)

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.

Further Reading

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