TRUE Private Wealth Advisors Raises Stock Holdings in VanEck CLO ETF $CLOI

TRUE Private Wealth Advisors boosted its stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 4.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 360,791 shares of the company’s stock after buying an additional 14,066 shares during the quarter. VanEck CLO ETF accounts for about 2.1% of TRUE Private Wealth Advisors’ holdings, making the stock its 14th biggest holding. TRUE Private Wealth Advisors owned approximately 1.80% of VanEck CLO ETF worth $19,104,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in CLOI. Wealth Watch Advisors INC lifted its stake in VanEck CLO ETF by 5.6% during the second quarter. Wealth Watch Advisors INC now owns 6,012 shares of the company’s stock worth $318,000 after purchasing an additional 319 shares in the last quarter. Maridea Wealth Management LLC lifted its stake in VanEck CLO ETF by 0.3% during the 2nd quarter. Maridea Wealth Management LLC now owns 134,247 shares of the company’s stock worth $7,108,000 after acquiring an additional 435 shares in the last quarter. Mattson Financial Services LLC lifted its stake in VanEck CLO ETF by 17.8% during the 1st quarter. Mattson Financial Services LLC now owns 2,905 shares of the company’s stock worth $153,000 after acquiring an additional 440 shares in the last quarter. Lowe Wealth Advisors LLC boosted its holdings in VanEck CLO ETF by 4.4% during the 2nd quarter. Lowe Wealth Advisors LLC now owns 10,411 shares of the company’s stock valued at $551,000 after acquiring an additional 442 shares during the period. Finally, Atria Wealth Solutions Inc. grew its position in VanEck CLO ETF by 4.1% in the 1st quarter. Atria Wealth Solutions Inc. now owns 11,290 shares of the company’s stock valued at $597,000 after acquiring an additional 444 shares in the last quarter.

VanEck CLO ETF Price Performance

Shares of CLOI opened at $52.98 on Wednesday. The company’s 50-day simple moving average is $52.95 and its 200-day simple moving average is $52.91. VanEck CLO ETF has a 1 year low of $50.12 and a 1 year high of $53.20.

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.