Capital Investment Advisors LLC Makes New Investment in VanEck CLO ETF $CLOI

Capital Investment Advisors LLC bought a new stake in VanEck CLO ETF (NYSEARCA:CLOI) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,905,474 shares of the company’s stock, valued at approximately $100,933,000. VanEck CLO ETF accounts for about 1.3% of Capital Investment Advisors LLC’s portfolio, making the stock its 15th biggest position. Capital Investment Advisors LLC owned 0.06% of VanEck CLO ETF at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Independence Asset Advisors LLC grew its holdings in 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 last quarter. Gradient Investments LLC acquired a new stake in VanEck CLO ETF in the third quarter worth $14,470,000. Sax Wealth Advisors LLC grew its stake 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 valued at $29,778,000 after acquiring an additional 161,469 shares during the period. Alpha Zero LLC bought a new stake in VanEck CLO ETF in the 1st quarter valued at $8,341,000. Finally, WealthPLAN Partners LLC acquired a new stake in VanEck CLO ETF in the 3rd quarter valued at approximately $6,831,000.

VanEck CLO ETF Stock Up 0.0%

NYSEARCA CLOI opened at $52.91 on Friday. The firm’s fifty day moving average price is $52.89 and its two-hundred day moving average price is $52.84. VanEck CLO ETF has a 1 year low of $52.36 and a 1 year high of $53.10.

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.