Darwin Wealth Management LLC Trims Holdings in VanEck AA-BB CLO ETF $CLOB

Darwin Wealth Management LLC reduced its position in VanEck AA-BB CLO ETF (NYSEARCA:CLOB) by 96.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,894 shares of the company’s stock after selling 154,559 shares during the quarter. Darwin Wealth Management LLC’s holdings in VanEck AA-BB CLO ETF were worth $245,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CLOB. Mpwm Advisory Solutions LLC acquired a new stake in shares of VanEck AA-BB CLO ETF in the 3rd quarter worth approximately $41,000. International Assets Investment Management LLC acquired a new stake in VanEck AA-BB CLO ETF in the 4th quarter valued at about $43,000. Ferguson Shapiro LLC increased its holdings in VanEck AA-BB CLO ETF by 16.9% during the 1st quarter. Ferguson Shapiro LLC now owns 8,640 shares of the company’s stock valued at $432,000 after acquiring an additional 1,252 shares in the last quarter. Summit Financial LLC lifted its holdings in shares of VanEck AA-BB CLO ETF by 20.7% in the fourth quarter. Summit Financial LLC now owns 9,475 shares of the company’s stock valued at $480,000 after purchasing an additional 1,622 shares in the last quarter. Finally, Tower Research Capital LLC TRC acquired a new stake in shares of VanEck AA-BB CLO ETF in the second quarter valued at approximately $84,000.

VanEck AA-BB CLO ETF Stock Up 0.1%

VanEck AA-BB CLO ETF stock opened at $50.34 on Friday. VanEck AA-BB CLO ETF has a 12-month low of $49.28 and a 12-month high of $51.17. The firm’s 50-day moving average is $50.44 and its two-hundred day moving average is $50.41.

About VanEck AA-BB CLO ETF

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.