Valeo Financial Advisors LLC Sells 4,000 Shares of Panagram BBB-B CLO ETF (NYSEARCA:CLOZ)

Valeo Financial Advisors LLC decreased its holdings in Panagram BBB-B CLO ETF (NYSEARCA:CLOZ) by 3.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 123,764 shares of the company’s stock after selling 4,000 shares during the period. Valeo Financial Advisors LLC’s holdings in Panagram BBB-B CLO ETF were worth $3,335,000 at the end of the most recent quarter.

Separately, Flow Traders U.S. LLC grew its stake in shares of Panagram BBB-B CLO ETF by 205.7% in the third quarter. Flow Traders U.S. LLC now owns 120,519 shares of the company’s stock worth $3,240,000 after purchasing an additional 81,100 shares during the last quarter.

Panagram BBB-B CLO ETF Price Performance

Shares of Panagram BBB-B CLO ETF stock opened at $27.17 on Friday. Panagram BBB-B CLO ETF has a twelve month low of $26.25 and a twelve month high of $27.25. The company’s fifty day moving average is $27.08 and its 200 day moving average is $26.93.

Panagram BBB-B CLO ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 9th. Investors of record on Tuesday, December 3rd were paid a $0.1766 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd.

Panagram 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.