Beaumont Financial Advisors LLC increased its position in shares of VanEck CLO ETF (NYSEARCA:CLOI – Free Report) by 8.5% during the 1st quarter, HoldingsChannel reports. The fund owned 223,533 shares of the company’s stock after purchasing an additional 17,587 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in VanEck CLO ETF were worth $11,780,000 at the end of the most recent quarter.
Several other large investors have also made changes to their positions in CLOI. LPL Financial LLC boosted its holdings in VanEck CLO ETF by 26.1% in the fourth quarter. LPL Financial LLC now owns 2,027,584 shares of the company’s stock valued at $107,077,000 after acquiring an additional 419,749 shares during the last quarter. Independence Asset Advisors LLC raised its holdings in VanEck CLO ETF by 17.2% during the 1st quarter. Independence Asset Advisors LLC now owns 1,863,451 shares of the company’s stock worth $98,203,000 after purchasing an additional 273,532 shares during the last quarter. Capital Investment Advisors LLC raised its holdings in VanEck CLO ETF by 9.0% during the 4th quarter. Capital Investment Advisors LLC now owns 1,563,732 shares of the company’s stock worth $82,581,000 after purchasing an additional 129,592 shares during the last quarter. Pinebridge Investments LLC acquired a new position in VanEck CLO ETF during the 4th quarter valued at about $31,530,000. Finally, Sax Wealth Advisors LLC lifted its position in VanEck CLO ETF by 36.2% during the 4th quarter. Sax Wealth Advisors LLC now owns 362,439 shares of the company’s stock valued at $19,140,000 after purchasing an additional 96,310 shares during the period.
VanEck CLO ETF Stock Up 0.0%
Shares of NYSEARCA CLOI opened at $52.85 on Thursday. VanEck CLO ETF has a 1 year low of $52.36 and a 1 year high of $53.15. The firm’s 50-day moving average is $52.85 and its 200-day moving average is $52.79.
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.
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Want to see what other hedge funds are holding CLOI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck CLO ETF (NYSEARCA:CLOI – Free Report).
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