VanEck CLO ETF $CLOI is Ferguson Shapiro LLC’s 5th Largest Position

Ferguson Shapiro LLC lifted its position in VanEck CLO ETF (NYSEARCA:CLOI) by 98.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 323,062 shares of the company’s stock after purchasing an additional 160,052 shares during the period. VanEck CLO ETF accounts for about 5.8% of Ferguson Shapiro LLC’s investment portfolio, making the stock its 5th biggest position. Ferguson Shapiro LLC owned approximately 1.62% of VanEck CLO ETF worth $17,106,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of CLOI. Deseret Mutual Benefit Administrators boosted its holdings in shares of VanEck CLO ETF by 125.6% in the first quarter. Deseret Mutual Benefit Administrators now owns 171,701 shares of the company’s stock valued at $9,073,000 after purchasing an additional 95,587 shares during the period. Rovin Capital UT ADV purchased a new stake in shares of VanEck CLO ETF in the first quarter valued at approximately $781,000. TCP Asset Management LLC boosted its holdings in shares of VanEck CLO ETF by 53.7% in the first quarter. TCP Asset Management LLC now owns 33,965 shares of the company’s stock valued at $1,795,000 after purchasing an additional 11,866 shares during the period. Heritage Oak Wealth Advisors LLC boosted its holdings in shares of VanEck CLO ETF by 5.7% in the first quarter. Heritage Oak Wealth Advisors LLC now owns 55,404 shares of the company’s stock valued at $2,928,000 after purchasing an additional 2,976 shares during the period. Finally, Mutual Advisors LLC boosted its holdings in shares of VanEck CLO ETF by 19.3% in the first quarter. Mutual Advisors LLC now owns 27,060 shares of the company’s stock valued at $1,421,000 after purchasing an additional 4,375 shares during the period.

VanEck CLO ETF Trading Up 0.0%

Shares of NYSEARCA CLOI opened at $53.03 on Wednesday. The stock has a 50 day moving average price of $52.96 and a 200 day moving average price of $52.86. VanEck CLO ETF has a 52-week low of $50.12 and a 52-week high of $53.21.

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.