Breakwater Capital Group Sells 13,270 Shares of VanEck CLO ETF $CLOI

Breakwater Capital Group trimmed its position in VanEck CLO ETF (NYSEARCA:CLOI) by 28.8% during the 1st quarter, HoldingsChannel reports. The firm owned 32,745 shares of the company’s stock after selling 13,270 shares during the quarter. Breakwater Capital Group’s holdings in VanEck CLO ETF were worth $1,726,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Trivium Point Advisory LLC grew its holdings in VanEck CLO ETF by 1.7% during the 3rd quarter. Trivium Point Advisory LLC now owns 16,644 shares of the company’s stock valued at $884,000 after buying an additional 273 shares in the last quarter. Wayfinding Financial LLC grew its holdings in shares of VanEck CLO ETF by 0.6% in the third quarter. Wayfinding Financial LLC now owns 54,820 shares of the company’s stock valued at $2,910,000 after purchasing an additional 316 shares in the last quarter. Portside Wealth Group LLC grew its holdings in shares of VanEck CLO ETF by 5.5% in the fourth quarter. Portside Wealth Group LLC now owns 6,593 shares of the company’s stock valued at $348,000 after purchasing an additional 345 shares in the last quarter. Quest 10 Wealth Builders Inc. increased its position in VanEck CLO ETF by 8.1% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 4,744 shares of the company’s stock worth $251,000 after purchasing an additional 354 shares during the last quarter. Finally, Mpwm Advisory Solutions LLC raised its stake in VanEck CLO ETF by 0.7% during the third quarter. Mpwm Advisory Solutions LLC now owns 52,784 shares of the company’s stock valued at $2,803,000 after purchasing an additional 365 shares in the last quarter.

VanEck CLO ETF Trading Up 0.0%

CLOI stock opened at $52.94 on Thursday. VanEck CLO ETF has a 52 week low of $52.36 and a 52 week high of $53.15. The company has a fifty day simple moving average of $52.82 and a two-hundred day simple moving average of $52.80.

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.