Kestra Private Wealth Services LLC Buys 18,605 Shares of VanEck CLO ETF $CLOI

Kestra Private Wealth Services LLC lifted its holdings in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 30.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 80,284 shares of the company’s stock after acquiring an additional 18,605 shares during the quarter. Kestra Private Wealth Services LLC owned approximately 0.32% of VanEck CLO ETF worth $4,240,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CLOI. Independence Asset Advisors LLC raised its holdings in shares of VanEck CLO ETF by 43.0% during the third quarter. Independence Asset Advisors LLC now owns 1,572,716 shares of the company’s stock valued at $83,507,000 after acquiring an additional 473,096 shares in the last quarter. Ocean Park Asset Management LLC bought a new position in shares of VanEck CLO ETF during the third quarter valued at approximately $14,077,000. Darwin Wealth Management LLC bought a new position in shares of VanEck CLO ETF during the second quarter valued at approximately $13,048,000. Moneta Group Investment Advisors LLC bought a new position in shares of VanEck CLO ETF during the third quarter valued at approximately $11,647,000. Finally, Sax Wealth Advisors LLC raised its holdings in shares of VanEck CLO ETF by 130.1% during the third quarter. Sax Wealth Advisors LLC now owns 266,129 shares of the company’s stock valued at $14,131,000 after acquiring an additional 150,449 shares in the last quarter.

VanEck CLO ETF Stock Performance

Shares of VanEck CLO ETF stock opened at $52.82 on Wednesday. VanEck CLO ETF has a 52 week low of $52.36 and a 52 week high of $53.15. The business has a 50 day moving average of $52.65 and a 200 day moving average of $52.82.

VanEck CLO ETF 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.