Hidden Cove Wealth Management LLC Purchases 54,931 Shares of Nuveen AA-BBB CLO ETF $NCLO

Hidden Cove Wealth Management LLC purchased a new stake in shares of Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO) in the third quarter, according to its most recent 13F filing with the SEC. The fund purchased 54,931 shares of the company’s stock, valued at approximately $1,376,000. Nuveen AA-BBB CLO ETF makes up 0.7% of Hidden Cove Wealth Management LLC’s investment portfolio, making the stock its 29th largest position.

A number of other hedge funds have also recently made changes to their positions in the company. Elevated Financial Group LLC bought a new position in shares of Nuveen AA-BBB CLO ETF in the third quarter worth $7,216,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Nuveen AA-BBB CLO ETF in the second quarter worth $112,000. Royal Bank of Canada purchased a new stake in shares of Nuveen AA-BBB CLO ETF in the first quarter worth $297,000. Finally, Sunbelt Securities Inc. boosted its stake in Nuveen AA-BBB CLO ETF by 16.9% during the first quarter. Sunbelt Securities Inc. now owns 20,542 shares of the company’s stock valued at $512,000 after buying an additional 2,969 shares during the period.

Nuveen AA-BBB CLO ETF Price Performance

NYSEARCA:NCLO traded down $0.01 during trading hours on Monday, hitting $25.01. 31,195 shares of the company’s stock traded hands, compared to its average volume of 58,733. Nuveen AA-BBB CLO ETF has a 52 week low of $24.22 and a 52 week high of $25.36. The business’s fifty day simple moving average is $25.05 and its two-hundred day simple moving average is $25.02.

Nuveen AA-BBB CLO ETF Profile

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.