Ferguson Shapiro LLC Trims Stock Holdings in VanEck CLO ETF $CLOI

Ferguson Shapiro LLC reduced its position in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 71.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,344 shares of the company’s stock after selling 193,136 shares during the period. VanEck CLO ETF makes up 1.2% of Ferguson Shapiro LLC’s portfolio, making the stock its 18th biggest holding. Ferguson Shapiro LLC owned about 0.30% of VanEck CLO ETF worth $3,979,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Symphony Financial Ltd. Co. grew its position in shares of VanEck CLO ETF by 2.0% during the 3rd quarter. Symphony Financial Ltd. Co. now owns 12,383 shares of the company’s stock valued at $657,000 after purchasing an additional 238 shares in the last quarter. Arkadios Wealth Advisors grew its position in shares of VanEck CLO ETF by 4.9% during the 3rd quarter. Arkadios Wealth Advisors now owns 5,244 shares of the company’s stock valued at $278,000 after purchasing an additional 243 shares in the last quarter. Trivium Point Advisory LLC grew its position in shares of VanEck CLO ETF by 1.7% during the 3rd quarter. Trivium Point Advisory LLC now owns 16,644 shares of the company’s stock valued at $884,000 after purchasing an additional 273 shares in the last quarter. Wayfinding Financial LLC grew its position in shares of VanEck CLO ETF by 0.6% during the 3rd quarter. Wayfinding Financial LLC now owns 54,820 shares of the company’s stock valued at $2,910,000 after purchasing an additional 316 shares in the last quarter. Finally, Portside Wealth Group LLC grew its position in shares of VanEck CLO ETF by 5.5% during the 4th quarter. Portside Wealth Group LLC now owns 6,593 shares of the company’s stock valued at $348,000 after purchasing an additional 345 shares in the last quarter.

VanEck CLO ETF Stock Performance

CLOI opened at $52.64 on Friday. The company has a fifty day moving average price of $52.67 and a 200-day moving average price of $52.83. VanEck CLO ETF has a one year low of $52.06 and a one year high of $53.15.

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. CLOI was launched on Jun 21, 2022 and is managed by VanEck.