Winebrenner Capital Management LLC boosted its holdings in VanEck CLO ETF (NYSEARCA:CLOI – Free Report) by 41.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,138 shares of the company’s stock after acquiring an additional 3,578 shares during the quarter. Winebrenner Capital Management LLC owned 0.06% of VanEck CLO ETF worth $643,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in CLOI. Independence Asset Advisors LLC lifted its holdings in shares of VanEck CLO ETF by 547.6% during the 2nd quarter. Independence Asset Advisors LLC now owns 1,099,620 shares of the company’s stock valued at $58,218,000 after buying an additional 929,812 shares during the period. LPL Financial LLC increased its stake in shares of VanEck CLO ETF by 50.0% in the 1st quarter. LPL Financial LLC now owns 1,283,259 shares of the company’s stock worth $67,807,000 after purchasing an additional 427,476 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in VanEck CLO ETF by 601.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 485,336 shares of the company’s stock worth $25,645,000 after buying an additional 416,160 shares in the last quarter. Clark Capital Management Group Inc. purchased a new stake in VanEck CLO ETF in the 1st quarter worth $9,794,000. Finally, Proficio Capital Partners LLC purchased a new stake in VanEck CLO ETF in the 1st quarter worth $9,170,000.
VanEck CLO ETF Price Performance
CLOI opened at $53.03 on Wednesday. The firm has a 50-day simple moving average of $52.96 and a two-hundred day simple moving average of $52.86. VanEck CLO ETF has a 52 week low of $50.12 and a 52 week high of $53.21.
About VanEck CLO ETF
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.
Featured Stories
- Five stocks we like better than VanEck CLO ETF
- Best Stocks Under $5.00
- The Drone Arms Race: From Battlefield to Balance Sheet
- How to Invest in Biotech Stocks
- Why Wall Street Is Backing These 3 Comeback Stocks
- What Are Some of the Best Large-Cap Stocks to Buy?
- Intel’s Breakout Quarter: More Than a Beat, It’s a Declaration
Receive News & Ratings for VanEck CLO ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck CLO ETF and related companies with MarketBeat.com's FREE daily email newsletter.
