Compass Financial Management LLC purchased a new position in VanEck CLO ETF (NYSEARCA:CLOI – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 12,449 shares of the company’s stock, valued at approximately $659,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Fulcrum Equity Management acquired a new stake in VanEck CLO ETF during the 2nd quarter valued at approximately $656,000. Redhawk Wealth Advisors Inc. raised its position in shares of VanEck CLO ETF by 15.9% in the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 5,603 shares of the company’s stock valued at $297,000 after purchasing an additional 768 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in shares of VanEck CLO ETF during the 2nd quarter valued at approximately $595,000. Ferguson Shapiro LLC boosted its stake in shares of VanEck CLO ETF by 58.0% during the 2nd quarter. Ferguson Shapiro LLC now owns 96,010 shares of the company’s stock valued at $5,084,000 after buying an additional 35,263 shares during the last quarter. Finally, World Equity Group Inc. acquired a new stake in shares of VanEck CLO ETF during the second quarter worth approximately $460,000.
VanEck CLO ETF Stock Performance
Shares of NYSEARCA:CLOI opened at $52.92 on Monday. The company has a fifty day simple moving average of $52.87 and a 200 day simple moving average of $52.78. VanEck CLO ETF has a 12-month low of $52.36 and a 12-month high of $53.15.
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.
Recommended Stories
- Five stocks we like better than VanEck CLO ETF
- VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You?
- 3 Closed-End Funds to Maximize Dividend Payments
- Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy?
- $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over
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.
