Security Benefit Life Insurance Co. KS Invests $18.44 Million in Panagram BBB-B CLO ETF (NYSEARCA:CLOZ)

Security Benefit Life Insurance Co. KS acquired a new position in Panagram BBB-B CLO ETF (NYSEARCA:CLOZ) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 684,170 shares of the company’s stock, valued at approximately $18,438,000. Panagram BBB-B CLO ETF makes up about 5.9% of Security Benefit Life Insurance Co. KS’s investment portfolio, making the stock its 3rd biggest position. Security Benefit Life Insurance Co. KS owned about 6.33% of Panagram BBB-B CLO ETF as of its most recent SEC filing.

Separately, Lindbrook Capital LLC purchased a new stake in Panagram BBB-B CLO ETF during the 3rd quarter worth approximately $228,000.

Panagram BBB-B CLO ETF Stock Down 0.0 %

NYSEARCA CLOZ opened at $27.17 on Monday. Panagram BBB-B CLO ETF has a 12-month low of $26.25 and a 12-month high of $27.25. The company has a fifty day simple moving average of $27.10 and a two-hundred day simple moving average of $26.94.

Panagram BBB-B CLO ETF Cuts Dividend

The company also recently declared 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 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.