Sanctuary Advisors LLC Increases Position in VanEck CLO ETF $CLOI

Sanctuary Advisors LLC grew its position in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 79.3% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,142 shares of the company’s stock after purchasing an additional 27,489 shares during the period. Sanctuary Advisors LLC’s holdings in VanEck CLO ETF were worth $3,275,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. AE Wealth Management LLC grew its stake 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 buying an additional 17,325 shares in the last quarter. Galvin Gaustad & Stein LLC acquired a new position in VanEck CLO ETF during the 4th quarter worth about $1,385,000. Financial Management Network Inc. lifted its stake in VanEck CLO ETF by 23.2% during the 1st quarter. Financial Management Network Inc. now owns 129,560 shares of the company’s stock worth $6,807,000 after acquiring an additional 24,372 shares in the last quarter. Cathy Pareto & Associates Inc. boosted its holdings in VanEck CLO ETF by 70.1% during the 4th quarter. Cathy Pareto & Associates Inc. now owns 49,743 shares of the company’s stock valued at $2,627,000 after acquiring an additional 20,493 shares during the period. Finally, Farther Finance Advisors LLC boosted its holdings in VanEck CLO ETF by 46,508.8% during the 4th quarter. Farther Finance Advisors LLC now owns 15,847 shares of the company’s stock valued at $837,000 after acquiring an additional 15,813 shares during the period.

VanEck CLO ETF Stock Down 0.1%

NYSEARCA CLOI opened at $52.85 on Tuesday. The stock has a 50-day moving average of $52.86 and a two-hundred day moving average of $52.79. VanEck CLO ETF has a 1-year low of $52.36 and a 1-year high of $53.15.

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.