12,039 Shares in VanEck CLO ETF $CLOI Bought by Hutchens & Kramer Investment Management Group LLC

Hutchens & Kramer Investment Management Group LLC acquired a new stake in VanEck CLO ETF (NYSEARCA:CLOI) in the 2nd quarter, Holdings Channel reports. The firm acquired 12,039 shares of the company’s stock, valued at approximately $637,000.

Several other hedge funds and other institutional investors have also modified their holdings of CLOI. Employees Retirement Fund of the City of Fort Worth acquired a new position in VanEck CLO ETF during the 4th quarter valued at $11,967,000. Diversified Portfolios Inc. acquired a new stake in VanEck CLO ETF in the 4th quarter worth $5,429,000. Kestra Private Wealth Services LLC increased its holdings in shares of VanEck CLO ETF by 28.1% during the 1st quarter. Kestra Private Wealth Services LLC now owns 102,809 shares of the company’s stock worth $5,418,000 after purchasing an additional 22,525 shares during the period. Financial Management Network Inc. increased its holdings in shares of 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 purchasing an additional 24,372 shares during the period. Finally, Private Advisor Group LLC raised its position in shares of VanEck CLO ETF by 44.9% during the first quarter. Private Advisor Group LLC now owns 44,063 shares of the company’s stock valued at $2,322,000 after buying an additional 13,645 shares during the last quarter.

VanEck CLO ETF Stock Up 0.0%

Shares of CLOI opened at $52.84 on Friday. The company has a 50-day simple moving average of $52.86 and a 200-day simple moving average of $52.79. VanEck CLO ETF has a 52 week low of $52.36 and a 52 week high of $53.15.

VanEck CLO ETF Company 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.