Verdence Capital Advisors LLC acquired a new position in VanEck CLO ETF (NYSEARCA:CLOI – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 86,104 shares of the company’s stock, valued at approximately $4,561,000. Verdence Capital Advisors LLC owned 0.26% of VanEck CLO ETF as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently modified their holdings of the company. Fifth Third Bancorp purchased a new position in shares of VanEck CLO ETF in the 1st quarter valued at approximately $32,000. Tucker Asset Management LLC grew its stake in VanEck CLO ETF by 1,651.2% in the second quarter. Tucker Asset Management LLC now owns 1,506 shares of the company’s stock worth $80,000 after purchasing an additional 1,420 shares during the period. Integrated Wealth Concepts LLC bought a new position in VanEck CLO ETF in the second quarter worth $97,000. FAS Wealth Partners Inc. raised its holdings in VanEck CLO ETF by 38.8% in the first quarter. FAS Wealth Partners Inc. now owns 2,389 shares of the company’s stock worth $126,000 after purchasing an additional 668 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in VanEck CLO ETF in the second quarter worth $197,000.
VanEck CLO ETF Price Performance
Shares of VanEck CLO ETF stock opened at $52.94 on Tuesday. VanEck CLO ETF has a 12 month low of $52.36 and a 12 month high of $53.10. The business has a fifty day simple moving average of $52.89 and a two-hundred day simple moving average of $52.82.
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.
Featured Stories
- Five stocks we like better than VanEck CLO ETF
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
Want to see what other hedge funds are holding CLOI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck CLO ETF (NYSEARCA:CLOI – Free Report).
Receive News & Ratings for VanEck CLO ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck CLO ETF and related companies with MarketBeat.com's FREE daily email newsletter.
