WealthPlan Investment Management LLC reduced its position in shares of VanEck CLO ETF (NYSEARCA:CLOI – Free Report) by 12.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 282,187 shares of the company’s stock after selling 41,589 shares during the period. VanEck CLO ETF comprises 0.9% of WealthPlan Investment Management LLC’s investment portfolio, making the stock its 25th largest holding. WealthPlan Investment Management LLC owned approximately 1.11% of VanEck CLO ETF worth $14,902,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in CLOI. CWM LLC grew its holdings in shares of VanEck CLO ETF by 177.6% during the third quarter. CWM LLC now owns 705 shares of the company’s stock worth $37,000 after purchasing an additional 451 shares during the last quarter. Raleigh Capital Management Inc. bought a new stake in shares of VanEck CLO ETF during the fourth quarter worth about $43,000. NBC Securities Inc. bought a new stake in VanEck CLO ETF in the fourth quarter valued at approximately $61,000. Capital Investment Advisory Services LLC bought a new stake in VanEck CLO ETF in the fourth quarter valued at approximately $68,000. Finally, Clear Investment Research LLC acquired a new stake in VanEck CLO ETF during the 3rd quarter valued at approximately $89,000.
VanEck CLO ETF Price Performance
NYSEARCA:CLOI opened at $52.83 on Friday. The company has a 50 day simple moving average of $52.64 and a two-hundred day simple moving average of $52.80. VanEck CLO ETF has a fifty-two week low of $52.36 and a fifty-two week high of $53.15.
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.
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