VanEck CLO ETF $CLOI Stock Position Lifted by Peck Wealth Management LLC

Peck Wealth Management LLC raised its stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 79.6% in the third quarter, Holdings Channel.com reports. The firm owned 58,145 shares of the company’s stock after buying an additional 25,770 shares during the period. VanEck CLO ETF comprises approximately 2.6% of Peck Wealth Management LLC’s investment portfolio, making the stock its 9th biggest holding. Peck Wealth Management LLC’s holdings in VanEck CLO ETF were worth $3,080,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Capital Investment Advisors LLC purchased a new stake in shares of VanEck CLO ETF during the third quarter valued at approximately $100,933,000. Sax Wealth Advisors LLC boosted its holdings in shares of VanEck CLO ETF by 40.3% in the 3rd quarter. Sax Wealth Advisors LLC now owns 562,168 shares of the company’s stock worth $29,778,000 after buying an additional 161,469 shares during the last quarter. Gradient Investments LLC grew its position in VanEck CLO ETF by 2.6% during the second quarter. Gradient Investments LLC now owns 275,289 shares of the company’s stock valued at $14,577,000 after buying an additional 6,992 shares during the period. Beaumont Financial Advisors LLC grew its position in VanEck CLO ETF by 2.9% during the third quarter. Beaumont Financial Advisors LLC now owns 261,852 shares of the company’s stock valued at $13,870,000 after buying an additional 7,360 shares during the period. Finally, Fusion Capital LLC grew its position in shares of VanEck CLO ETF by 502.8% during the 3rd quarter. Fusion Capital LLC now owns 204,094 shares of the company’s stock valued at $10,811,000 after acquiring an additional 170,239 shares during the period.

VanEck CLO ETF Price Performance

NYSEARCA:CLOI opened at $52.78 on Tuesday. The business has a fifty day simple moving average of $52.89 and a two-hundred day simple moving average of $52.82. VanEck CLO ETF has a 1 year low of $52.36 and a 1 year high of $53.07.

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.