OneAscent Financial Services LLC Increases Stock Holdings in VanEck CLO ETF $CLOI

OneAscent Financial Services LLC grew its position in VanEck CLO ETF (NYSEARCA:CLOI) by 78.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 133,546 shares of the company’s stock after buying an additional 58,677 shares during the quarter. VanEck CLO ETF accounts for approximately 0.6% of OneAscent Financial Services LLC’s holdings, making the stock its 24th biggest holding. OneAscent Financial Services LLC owned 0.53% of VanEck CLO ETF worth $7,053,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in CLOI. Moneta Group Investment Advisors LLC bought a new position in shares of VanEck CLO ETF in the third quarter valued at approximately $11,647,000. AE Wealth Management LLC raised its position in shares of VanEck CLO ETF by 7.6% in the fourth quarter. AE Wealth Management LLC now owns 244,329 shares of the company’s stock valued at $12,903,000 after purchasing an additional 17,325 shares during the period. HighTower Advisors LLC raised its position in shares of VanEck CLO ETF by 4.2% in the third quarter. HighTower Advisors LLC now owns 314,332 shares of the company’s stock valued at $16,691,000 after purchasing an additional 12,619 shares during the period. Arete Wealth Advisors LLC raised its position in shares of VanEck CLO ETF by 257.1% in the third quarter. Arete Wealth Advisors LLC now owns 97,611 shares of the company’s stock valued at $5,183,000 after purchasing an additional 70,274 shares during the period. Finally, Cathy Pareto & Associates Inc. raised its position in shares of VanEck CLO ETF by 70.1% in the fourth quarter. Cathy Pareto & Associates Inc. now owns 49,743 shares of the company’s stock valued at $2,627,000 after purchasing an additional 20,493 shares during the period.

VanEck CLO ETF Price Performance

NYSEARCA:CLOI opened at $52.79 on Friday. VanEck CLO ETF has a 12 month low of $52.36 and a 12 month high of $53.15. The company’s 50 day moving average is $52.74 and its 200-day moving average is $52.80.

About VanEck CLO ETF

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.