288,068 Shares of Nuveen AA-BBB CLO ETF $NCLO Purchased by Elevated Financial Group LLC

Elevated Financial Group LLC purchased a new stake in Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO) in the third quarter, HoldingsChannel reports. The fund purchased 288,068 shares of the company’s stock, valued at approximately $7,216,000. Nuveen AA-BBB CLO ETF comprises about 2.0% of Elevated Financial Group LLC’s investment portfolio, making the stock its 11th biggest position.

A number of other institutional investors have also recently made changes to their positions in NCLO. Sunbelt Securities Inc. grew its position in Nuveen AA-BBB CLO ETF by 16.9% in the first quarter. Sunbelt Securities Inc. now owns 20,542 shares of the company’s stock worth $512,000 after acquiring an additional 2,969 shares in the last quarter. Royal Bank of Canada bought a new stake in Nuveen AA-BBB CLO ETF during the first quarter worth approximately $297,000. Finally, Integrated Wealth Concepts LLC bought a new stake in Nuveen AA-BBB CLO ETF during the second quarter worth approximately $112,000.

Nuveen AA-BBB CLO ETF Stock Performance

Shares of NCLO stock opened at $25.02 on Friday. Nuveen AA-BBB CLO ETF has a 1 year low of $24.22 and a 1 year high of $25.36. The stock’s 50 day simple moving average is $25.05 and its two-hundred day simple moving average is $25.02.

About Nuveen AA-BBB CLO ETF

The Nuveen AA-BBB CLO ETF (NCLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, seeking total return through investments in USD-denominated, investment-grade collateralized loan obligations (CLOs) of any maturity. NCLO was launched on Dec 10, 2024 and is issued by Nuveen.