VanEck CLO ETF (NYSEARCA:CLOI – Get Free Report) shares saw an uptick in trading volume on Thursday . Approximately 464,738 shares were traded during trading, an increase of 108% from the previous session’s volume of 222,938 shares.The stock last traded at $52.97 and had previously closed at $52.96.
VanEck CLO ETF Stock Down 0.0%
The company has a fifty day moving average price of $52.87 and a two-hundred day moving average price of $52.79.
Institutional Trading of VanEck CLO ETF
A number of large investors have recently added to or reduced their stakes in the company. Fifth Third Bancorp bought a new position in shares of VanEck CLO ETF in the 1st quarter valued at about $32,000. Wells Fargo & Company MN bought a new stake in shares of VanEck CLO ETF in the 4th quarter valued at about $37,000. Raleigh Capital Management Inc. bought a new stake in shares of VanEck CLO ETF in the 4th quarter valued at about $43,000. NBC Securities Inc. acquired a new stake in VanEck CLO ETF in the 4th quarter valued at about $61,000. Finally, Capital Investment Advisory Services LLC acquired a new stake in VanEck CLO ETF in the 4th quarter valued at about $68,000.
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.
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