VanEck CLO ETF $CLOI Shares Sold by Freedom Investment Management Inc.

Freedom Investment Management Inc. lowered its holdings in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 71.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,770 shares of the company’s stock after selling 11,760 shares during the period. Freedom Investment Management Inc.’s holdings in VanEck CLO ETF were worth $253,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Richardson Financial Services Inc. acquired a new stake in VanEck CLO ETF during the 1st quarter worth $28,000. Raleigh Capital Management Inc. acquired a new stake in VanEck CLO ETF during the 1st quarter worth $33,000. Private Trust Co. NA acquired a new stake in VanEck CLO ETF during the 2nd quarter worth $66,000. FAS Wealth Partners Inc. boosted its stake in VanEck CLO ETF by 51.7% during the 1st quarter. FAS Wealth Partners Inc. now owns 1,675 shares of the company’s stock worth $89,000 after purchasing an additional 571 shares during the period. Finally, Allworth Financial LP acquired a new stake in shares of VanEck CLO ETF in the 1st quarter worth $137,000.

VanEck CLO ETF Stock Performance

CLOI stock opened at $53.02 on Tuesday. VanEck CLO ETF has a one year low of $50.12 and a one year high of $53.21. The company has a fifty day moving average of $52.96 and a 200-day moving average of $52.85.

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.