Kestra Private Wealth Services LLC increased its holdings in shares of VanEck CLO ETF (NYSEARCA:CLOI – Free Report) by 28.1% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 102,809 shares of the company’s stock after purchasing an additional 22,525 shares during the quarter. Kestra Private Wealth Services LLC owned 0.41% of VanEck CLO ETF worth $5,418,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently bought and sold shares of the business. Moneta Group Investment Advisors LLC acquired a new position in shares of VanEck CLO ETF during the 3rd quarter valued at $11,647,000. AE Wealth Management LLC raised its position in VanEck CLO ETF by 7.6% in the fourth quarter. AE Wealth Management LLC now owns 244,329 shares of the company’s stock valued at $12,903,000 after purchasing an additional 17,325 shares during the period. Galvin Gaustad & Stein LLC purchased a new position in VanEck CLO ETF in the fourth quarter valued at about $1,385,000. Arete Wealth Advisors LLC lifted its stake in shares of VanEck CLO ETF by 257.1% during the third quarter. Arete Wealth Advisors LLC now owns 97,611 shares of the company’s stock worth $5,183,000 after purchasing an additional 70,274 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in shares of VanEck CLO ETF by 46,508.8% during the fourth quarter. Farther Finance Advisors LLC now owns 15,847 shares of the company’s stock worth $837,000 after purchasing an additional 15,813 shares in the last quarter.
VanEck CLO ETF Stock Up 0.0%
Shares of NYSEARCA CLOI opened at $52.93 on Friday. VanEck CLO ETF has a 1-year low of $52.36 and a 1-year high of $53.15. The business has a 50-day moving average of $52.83 and a 200-day moving average of $52.80.
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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