10,700 Shares in VanEck CLO ETF $CLOI Acquired by UMB Bank n.a.

UMB Bank n.a. acquired a new position in shares of VanEck CLO ETF (NYSEARCA:CLOI) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,700 shares of the company’s stock, valued at approximately $568,000.

Other hedge funds have also added to or reduced their stakes in the company. CWM LLC grew its stake in VanEck CLO ETF by 177.6% in the third quarter. CWM LLC now owns 705 shares of the company’s stock valued at $37,000 after acquiring an additional 451 shares during the period. Private Trust Co. NA purchased a new stake in VanEck CLO ETF during the second quarter worth about $66,000. Ameritas Advisory Services LLC purchased a new stake in VanEck CLO ETF in the 2nd quarter worth about $177,000. Creekside Partners purchased a new stake in shares of VanEck CLO ETF during the 2nd quarter valued at approximately $209,000. Finally, Ascension Capital Advisors Inc. purchased a new position in VanEck CLO ETF during the 2nd quarter valued at about $214,000.

VanEck CLO ETF Stock Down 0.3%

Shares of CLOI opened at $52.86 on Tuesday. The firm’s 50 day simple moving average is $52.89 and its 200 day simple moving average is $52.93. VanEck CLO ETF has a 1-year low of $50.12 and a 1-year high of $53.15.

VanEck CLO ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Investors of record on Monday, February 2nd will be issued a dividend of $0.2334 per share. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date is Monday, February 2nd.

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