Winebrenner Capital Management LLC Has $1.79 Million Stock Holdings in VanEck CLO ETF $CLOI

Winebrenner Capital Management LLC increased its position in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 132.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,939 shares of the company’s stock after purchasing an additional 19,351 shares during the quarter. VanEck CLO ETF makes up approximately 1.2% of Winebrenner Capital Management LLC’s holdings, making the stock its 20th biggest holding. Winebrenner Capital Management LLC owned approximately 0.14% of VanEck CLO ETF worth $1,792,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in CLOI. CWM LLC increased 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 buying an additional 451 shares in the last quarter. Clear Investment Research LLC bought a new stake in VanEck CLO ETF during the 3rd quarter worth approximately $89,000. Equitable Holdings Inc. acquired a new stake in VanEck CLO ETF during the 3rd quarter valued at $213,000. Discipline Wealth Solutions LLC bought a new position in VanEck CLO ETF in the 3rd quarter valued at $259,000. Finally, Arkadios Wealth Advisors boosted its stake in VanEck CLO ETF by 4.9% in the third quarter. Arkadios Wealth Advisors now owns 5,244 shares of the company’s stock worth $278,000 after purchasing an additional 243 shares in the last quarter.

VanEck CLO ETF Price Performance

VanEck CLO ETF stock opened at $52.57 on Friday. The business’s fifty day moving average is $52.80 and its two-hundred day moving average is $52.88. VanEck CLO ETF has a 52 week low of $50.12 and a 52 week high of $53.15.

VanEck CLO ETF Cuts Dividend

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

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.