VanEck CLO ETF (NYSEARCA:CLOI – Get Free Report) saw an uptick in trading volume on Tuesday . 853,332 shares traded hands during trading, an increase of 267% from the previous session’s volume of 232,439 shares.The stock last traded at $52.8950 and had previously closed at $52.86.
VanEck CLO ETF Stock Performance
The firm’s 50-day simple moving average is $52.92 and its two-hundred day simple moving average is $52.92.
Hedge Funds Weigh In On VanEck CLO ETF
Hedge funds have recently made changes to their positions in the company. Independence Asset Advisors LLC lifted its position in VanEck CLO ETF by 43.0% during the 3rd quarter. Independence Asset Advisors LLC now owns 1,572,716 shares of the company’s stock worth $83,507,000 after acquiring an additional 473,096 shares during the period. Capital Investment Advisors LLC increased its holdings in shares of VanEck CLO ETF by 11.4% in the third quarter. Capital Investment Advisors LLC now owns 1,434,140 shares of the company’s stock valued at $76,153,000 after purchasing an additional 147,163 shares during the period. TRUE Private Wealth Advisors raised its stake in shares of VanEck CLO ETF by 4.1% in the second quarter. TRUE Private Wealth Advisors now owns 360,791 shares of the company’s stock worth $19,104,000 after purchasing an additional 14,066 shares during the last quarter. WealthPlan Investment Management LLC lifted its holdings in shares of VanEck CLO ETF by 3.6% during the third quarter. WealthPlan Investment Management LLC now owns 323,776 shares of the company’s stock worth $17,193,000 after purchasing an additional 11,305 shares during the period. Finally, Ferguson Shapiro LLC lifted its holdings in shares of VanEck CLO ETF by 98.2% during the second quarter. Ferguson Shapiro LLC now owns 323,062 shares of the company’s stock worth $17,106,000 after purchasing an additional 160,052 shares during the period.
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.
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