Boyce & Associates Wealth Consulting Inc. Makes New Investment in VanEck CLO ETF $CLOI

Boyce & Associates Wealth Consulting Inc. purchased a new stake in VanEck CLO ETF (NYSEARCA:CLOI) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 95,362 shares of the company’s stock, valued at approximately $5,051,000. VanEck CLO ETF accounts for about 3.1% of Boyce & Associates Wealth Consulting Inc.’s holdings, making the stock its 13th biggest position. Boyce & Associates Wealth Consulting Inc. owned 0.29% of VanEck CLO ETF as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in CLOI. Independence Asset Advisors LLC lifted its holdings in shares of VanEck CLO ETF by 17.2% during the 1st quarter. Independence Asset Advisors LLC now owns 1,863,451 shares of the company’s stock worth $98,203,000 after acquiring an additional 273,532 shares during the period. Gradient Investments LLC acquired a new position in VanEck CLO ETF in the third quarter worth about $14,470,000. Axxcess Wealth Management LLC acquired a new position in VanEck CLO ETF in the fourth quarter worth about $13,501,000. Sax Wealth Advisors LLC raised its position in VanEck CLO ETF by 40.3% in the third quarter. Sax Wealth Advisors LLC now owns 562,168 shares of the company’s stock worth $29,778,000 after purchasing an additional 161,469 shares in the last quarter. Finally, Alpha Zero LLC bought a new position in VanEck CLO ETF during the first quarter worth about $8,341,000.

VanEck CLO ETF Stock Performance

Shares of CLOI opened at $52.85 on Wednesday. VanEck CLO ETF has a 12 month low of $52.36 and a 12 month high of $53.10. The company has a 50-day moving average price of $52.88 and a two-hundred day moving average price of $52.82.

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.