Copia Wealth Management Grows Stock Holdings in Eldridge BBB-B CLO ETF $CLOZ

Copia Wealth Management increased its stake in shares of Eldridge BBB-B CLO ETF (NYSEARCA:CLOZ) by 54.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 111,427 shares of the company’s stock after acquiring an additional 39,378 shares during the period. Eldridge BBB-B CLO ETF makes up about 2.1% of Copia Wealth Management’s investment portfolio, making the stock its 15th largest position. Copia Wealth Management’s holdings in Eldridge BBB-B CLO ETF were worth $2,951,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC grew its holdings in shares of Eldridge BBB-B CLO ETF by 271.0% during the fourth quarter. Farther Finance Advisors LLC now owns 37,842 shares of the company’s stock worth $1,002,000 after buying an additional 27,641 shares during the last quarter. Ethos Financial Group LLC grew its holdings in shares of Eldridge BBB-B CLO ETF by 138.4% during the fourth quarter. Ethos Financial Group LLC now owns 77,656 shares of the company’s stock worth $2,069,000 after buying an additional 45,084 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in shares of Eldridge BBB-B CLO ETF during the third quarter worth about $4,278,000. Sound Income Strategies LLC grew its holdings in shares of Eldridge BBB-B CLO ETF by 51.0% during the fourth quarter. Sound Income Strategies LLC now owns 217,449 shares of the company’s stock worth $5,802,000 after buying an additional 73,437 shares during the last quarter. Finally, JPMorgan Chase & Co. purchased a new position in shares of Eldridge BBB-B CLO ETF during the third quarter worth about $1,579,000.

Eldridge BBB-B CLO ETF Price Performance

NYSEARCA CLOZ opened at $26.47 on Thursday. Eldridge BBB-B CLO ETF has a 52-week low of $25.23 and a 52-week high of $26.96. The business’s 50-day moving average price is $25.95 and its 200 day moving average price is $26.30.

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.