VanEck CLO ETF $CLOI Stock Holdings Lessened by Syon Capital LLC

Syon Capital LLC lessened its holdings in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 15.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 668,725 shares of the company’s stock after selling 122,487 shares during the period. VanEck CLO ETF comprises approximately 1.9% of Syon Capital LLC’s holdings, making the stock its 9th largest holding. Syon Capital LLC owned about 2.83% of VanEck CLO ETF worth $35,509,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. NewEdge Advisors LLC boosted its position in shares of VanEck CLO ETF by 264.4% during the first quarter. NewEdge Advisors LLC now owns 19,673 shares of the company’s stock valued at $1,040,000 after purchasing an additional 14,275 shares in the last quarter. Private Trust Co. NA bought a new position in VanEck CLO ETF in the 2nd quarter valued at approximately $66,000. Wealth Watch Advisors INC boosted its position in shares of VanEck CLO ETF by 5.6% during the second quarter. Wealth Watch Advisors INC now owns 6,012 shares of the company’s stock valued at $318,000 after buying an additional 319 shares during the last quarter. Ferguson Shapiro LLC boosted its holdings in shares of VanEck CLO ETF by 98.2% during the 2nd quarter. Ferguson Shapiro LLC now owns 323,062 shares of the company’s stock valued at $17,106,000 after acquiring an additional 160,052 shares during the last quarter. Finally, Winebrenner Capital Management LLC raised its stake in VanEck CLO ETF by 41.8% during the 2nd quarter. Winebrenner Capital Management LLC now owns 12,138 shares of the company’s stock valued at $643,000 after buying an additional 3,578 shares during the last quarter.

VanEck CLO ETF Stock Performance

VanEck CLO ETF stock opened at $52.90 on Wednesday. VanEck CLO ETF has a 52-week low of $50.12 and a 52-week high of $53.15. The business has a 50-day simple moving average of $52.90 and a two-hundred day simple moving average of $52.92.

VanEck CLO ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.2334 per share. This represents a c) annualized dividend and a 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.