MGO One Seven LLC Raises Holdings in VanEck CLO ETF (NYSEARCA:CLOI)

MGO One Seven LLC boosted its stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 85.6% in the 4th quarter, HoldingsChannel reports. The fund owned 9,121 shares of the company’s stock after buying an additional 4,207 shares during the quarter. MGO One Seven LLC’s holdings in VanEck CLO ETF were worth $481,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of CLOI. Fulcrum Equity Management lifted its holdings in VanEck CLO ETF by 8.2% in the 3rd quarter. Fulcrum Equity Management now owns 12,078 shares of the company’s stock worth $641,000 after buying an additional 915 shares during the period. Synovus Financial Corp purchased a new stake in VanEck CLO ETF in the 3rd quarter worth approximately $210,000. B. Riley Wealth Advisors Inc. purchased a new stake in VanEck CLO ETF in the 3rd quarter worth approximately $205,000. Lowe Wealth Advisors LLC lifted its holdings in VanEck CLO ETF by 3,588.5% in the 4th quarter. Lowe Wealth Advisors LLC now owns 4,832 shares of the company’s stock worth $255,000 after buying an additional 4,701 shares during the period. Finally, Brookstone Capital Management purchased a new stake in VanEck CLO ETF in the 4th quarter worth approximately $12,051,000.

VanEck CLO ETF Trading Down 0.2 %

NYSEARCA CLOI opened at $52.50 on Monday. VanEck CLO ETF has a fifty-two week low of $50.12 and a fifty-two week high of $53.21. The stock has a 50 day simple moving average of $52.61 and a two-hundred day simple moving average of $52.85.

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.