Visionary Wealth Advisors Raises Holdings in VanEck CLO ETF (NYSEARCA:CLOI)

Visionary Wealth Advisors boosted its holdings in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 43.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 46,990 shares of the company’s stock after acquiring an additional 14,204 shares during the quarter. Visionary Wealth Advisors’ holdings in VanEck CLO ETF were worth $2,480,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. FWL Investment Management LLC purchased a new position in VanEck CLO ETF during the fourth quarter valued at approximately $52,000. Transce3nd LLC purchased a new position in VanEck CLO ETF during the fourth quarter valued at approximately $57,000. FAS Wealth Partners Inc. increased its holdings in VanEck CLO ETF by 27.9% during the fourth quarter. FAS Wealth Partners Inc. now owns 1,104 shares of the company’s stock valued at $58,000 after buying an additional 241 shares during the period. GeoWealth Management LLC purchased a new position in VanEck CLO ETF during the fourth quarter valued at approximately $61,000. Finally, Kiker Wealth Management LLC purchased a new position in VanEck CLO ETF during the fourth quarter valued at approximately $73,000.

VanEck CLO ETF Price Performance

Shares of CLOI stock opened at $52.90 on Tuesday. The company’s 50 day moving average is $52.54 and its 200 day moving average is $52.83. VanEck CLO ETF has a 52-week low of $50.12 and a 52-week high of $53.21.

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.