VanEck CLO ETF $CLOI Holdings Cut by Trademark Financial Management LLC

Trademark Financial Management LLC lowered its holdings in VanEck CLO ETF (NYSEARCA:CLOI) by 7.2% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 82,488 shares of the company’s stock after selling 6,439 shares during the period. VanEck CLO ETF comprises about 2.7% of Trademark Financial Management LLC’s investment portfolio, making the stock its 11th biggest holding. Trademark Financial Management LLC owned about 0.41% of VanEck CLO ETF worth $4,368,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Independence Asset Advisors LLC lifted its holdings in VanEck CLO ETF by 547.6% in the second quarter. Independence Asset Advisors LLC now owns 1,099,620 shares of the company’s stock worth $58,218,000 after acquiring an additional 929,812 shares during the last quarter. Private Trust Co. NA acquired a new stake in shares of VanEck CLO ETF in the second quarter valued at approximately $66,000. Creekside Partners acquired a new stake in shares of VanEck CLO ETF in the second quarter valued at approximately $209,000. WealthPlan Investment Management LLC increased its stake in shares of VanEck CLO ETF by 21.0% in the second quarter. WealthPlan Investment Management LLC now owns 312,471 shares of the company’s stock valued at $16,545,000 after purchasing an additional 54,179 shares during the period. Finally, IFP Advisors Inc increased its stake in shares of VanEck CLO ETF by 9.7% in the second quarter. IFP Advisors Inc now owns 10,487 shares of the company’s stock valued at $555,000 after purchasing an additional 928 shares during the period.

VanEck CLO ETF Stock Performance

Shares of NYSEARCA:CLOI opened at $52.97 on Friday. The firm’s 50 day moving average is $52.96 and its two-hundred day moving average is $52.82. VanEck CLO ETF has a 52 week low of $50.12 and a 52 week high of $53.21.

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.