Atria Investments Inc Lowers Position in VanEck CLO ETF $CLOI

Atria Investments Inc lowered its position in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 44.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 31,958 shares of the company’s stock after selling 25,877 shares during the period. Atria Investments Inc’s holdings in VanEck CLO ETF were worth $1,697,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of CLOI. CWM LLC grew its holdings in shares of VanEck CLO ETF by 177.6% during the third quarter. CWM LLC now owns 705 shares of the company’s stock valued at $37,000 after buying an additional 451 shares during the last quarter. Private Trust Co. NA bought a new position in VanEck CLO ETF in the 2nd quarter valued at approximately $66,000. Ascension Capital Advisors Inc. purchased a new stake in VanEck CLO ETF during the 2nd quarter valued at $214,000. Discipline Wealth Solutions LLC bought a new stake in shares of VanEck CLO ETF in the 3rd quarter worth $259,000. Finally, Arkadios Wealth Advisors increased its holdings in shares of VanEck CLO ETF by 4.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 5,244 shares of the company’s stock worth $278,000 after purchasing an additional 243 shares in the last quarter.

VanEck CLO ETF Stock Up 0.0%

Shares of NYSEARCA:CLOI opened at $52.90 on Wednesday. VanEck CLO ETF has a 1 year low of $50.12 and a 1 year high of $53.15. The stock’s fifty day moving average price is $52.90 and its 200-day moving average price is $52.92.

VanEck CLO ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.2334 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend was Monday, February 2nd.

VanEck CLO ETF Profile

The VanEck CLO ETF (CLOI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in collateralized loan obligations (CLOs) of any maturity. While targeting USD-denominated high-quality CLOs, the fund may still hold high-yield bonds in foreign currency. CLOI was launched on Jun 21, 2022 and is managed by VanEck.