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

Valeo Financial Advisors LLC lowered its holdings in shares of Panagram BBB-B CLO ETF (NYSEARCA:CLOZ) by 3.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 123,764 shares of the company’s stock after selling 4,000 shares during the period. Valeo Financial Advisors LLC owned 1.15% of Panagram BBB-B CLO ETF worth $3,335,000 as of its most recent filing with the SEC.

Separately, Lindbrook Capital LLC acquired a new stake in Panagram BBB-B CLO ETF during the third quarter worth approximately $228,000.

Panagram BBB-B CLO ETF Stock Performance

Shares of CLOZ stock opened at $27.17 on Friday. The firm has a 50 day moving average price of $27.08 and a two-hundred day moving average price of $26.93. Panagram BBB-B CLO ETF has a 12-month low of $26.25 and a 12-month high of $27.25.

Panagram BBB-B CLO ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 9th. Shareholders of record on Tuesday, December 3rd were given a dividend of $0.1766 per share. The ex-dividend date was Tuesday, December 3rd.

About Panagram 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.