Sound Income Strategies LLC Grows Stock Holdings in Eldridge BBB-B CLO ETF $CLOZ

Sound Income Strategies LLC grew its position in shares of Eldridge BBB-B CLO ETF (NYSEARCA:CLOZ) by 24.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 269,832 shares of the company’s stock after purchasing an additional 52,383 shares during the period. Sound Income Strategies LLC owned about 1.18% of Eldridge BBB-B CLO ETF worth $6,956,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CLOZ. Worth Asset Management LLC raised its holdings in shares of Eldridge BBB-B CLO ETF by 209.2% during the 4th quarter. Worth Asset Management LLC now owns 26,818 shares of the company’s stock valued at $710,000 after buying an additional 18,146 shares in the last quarter. Claris Financial LLC purchased a new stake in Eldridge BBB-B CLO ETF in the fourth quarter worth approximately $866,000. Farther Finance Advisors LLC boosted its stake in Eldridge BBB-B CLO ETF by 271.0% in 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 in the last quarter. Janney Montgomery Scott LLC purchased a new stake in Eldridge BBB-B CLO ETF in the fourth quarter worth approximately $1,270,000. Finally, Basso Capital Management L.P. grew its position in Eldridge BBB-B CLO ETF by 1,492.6% during the third quarter. Basso Capital Management L.P. now owns 55,740 shares of the company’s stock valued at $1,495,000 after acquiring an additional 52,240 shares during the last quarter.

Eldridge BBB-B CLO ETF Price Performance

CLOZ stock opened at $26.34 on Friday. Eldridge BBB-B CLO ETF has a one year low of $25.23 and a one year high of $26.95. The company’s 50 day moving average price is $26.37 and its two-hundred day moving average price is $26.26.

Eldridge BBB-B CLO ETF Company Profile

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.