Ariadne Wealth Management LP Invests $653,000 in VanEck CLO ETF $CLOI

Ariadne Wealth Management LP acquired a new position in VanEck CLO ETF (NYSEARCA:CLOI) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 12,353 shares of the company’s stock, valued at approximately $653,000.

Several other institutional investors have also recently bought and sold shares of CLOI. Wells Fargo & Company MN bought a new position in VanEck CLO ETF in the 4th quarter worth approximately $37,000. Raleigh Capital Management Inc. bought a new position in VanEck CLO ETF in the 4th quarter worth approximately $43,000. NBC Securities Inc. bought a new position in VanEck CLO ETF in the 4th quarter worth approximately $61,000. Capital Investment Advisory Services LLC bought a new position in VanEck CLO ETF in the 4th quarter worth approximately $68,000. Finally, Clear Investment Research LLC bought a new position in VanEck CLO ETF in the 3rd quarter worth approximately $89,000.

VanEck CLO ETF Trading Up 0.0%

Shares of VanEck CLO ETF stock opened at $52.87 on Friday. The firm has a fifty day moving average of $52.76 and a two-hundred day moving average of $52.79. VanEck CLO ETF has a 52 week low of $52.36 and a 52 week 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.