VanEck CLO ETF $CLOI Shares Acquired by Private Advisor Group LLC

Private Advisor Group LLC grew its holdings in VanEck CLO ETF (NYSEARCA:CLOI) by 44.9% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 44,063 shares of the company’s stock after acquiring an additional 13,645 shares during the quarter. Private Advisor Group LLC’s holdings in VanEck CLO ETF were worth $2,322,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in CLOI. Pinebridge Investments LLC acquired a new position in VanEck CLO ETF in the fourth quarter valued at approximately $31,530,000. LPL Financial LLC raised its holdings in VanEck CLO ETF by 26.1% during the fourth quarter. LPL Financial LLC now owns 2,027,584 shares of the company’s stock worth $107,077,000 after purchasing an additional 419,749 shares in the last quarter. Independence Asset Advisors LLC raised its holdings in VanEck CLO ETF by 17.2% during the first quarter. Independence Asset Advisors LLC now owns 1,863,451 shares of the company’s stock worth $98,203,000 after purchasing an additional 273,532 shares in the last quarter. Axxcess Wealth Management LLC purchased a new stake in shares of VanEck CLO ETF during the 4th quarter worth approximately $13,582,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of VanEck CLO ETF during the 2nd quarter worth approximately $13,048,000.

VanEck CLO ETF Stock Performance

Shares of VanEck CLO ETF stock opened at $52.73 on Friday. The company has a fifty day simple moving average of $52.85 and a 200-day simple moving average of $52.79. VanEck CLO ETF has a 12-month low of $52.36 and a 12-month high of $53.15.

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.