25,553 Shares in VanEck CLO ETF $CLOI Bought by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC purchased a new stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 25,553 shares of the company’s stock, valued at approximately $1,357,000.

Several other institutional investors have also recently bought and sold shares of the business. Symphony Financial Ltd. Co. lifted its stake in shares of VanEck CLO ETF by 2.0% in the third quarter. Symphony Financial Ltd. Co. now owns 12,383 shares of the company’s stock valued at $657,000 after buying an additional 238 shares in the last quarter. Arkadios Wealth Advisors grew its holdings in shares of VanEck CLO ETF by 4.9% during the third quarter. Arkadios Wealth Advisors now owns 5,244 shares of the company’s stock valued at $278,000 after buying an additional 243 shares during the last quarter. Trivium Point Advisory LLC increased its position in shares of VanEck CLO ETF by 1.7% during the third quarter. Trivium Point Advisory LLC now owns 16,644 shares of the company’s stock worth $884,000 after acquiring an additional 273 shares in the last quarter. Wayfinding Financial LLC raised its holdings in shares of VanEck CLO ETF by 0.6% in the 3rd quarter. Wayfinding Financial LLC now owns 54,820 shares of the company’s stock worth $2,910,000 after acquiring an additional 316 shares during the last quarter. Finally, Mpwm Advisory Solutions LLC raised its holdings in shares of VanEck CLO ETF by 0.7% in the 3rd quarter. Mpwm Advisory Solutions LLC now owns 52,784 shares of the company’s stock worth $2,803,000 after acquiring an additional 365 shares during the last quarter.

VanEck CLO ETF Stock Up 0.1%

Shares of NYSEARCA CLOI opened at $52.56 on Tuesday. VanEck CLO ETF has a fifty-two week low of $50.12 and a fifty-two week high of $53.15. The firm’s 50-day simple moving average is $52.82 and its 200 day simple moving average is $52.89.

VanEck CLO ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a $0.2002 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.6%.

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. CLOI was launched on Jun 21, 2022 and is managed by VanEck.