Joseph Group Capital Management Acquires 13,447 Shares of VanEck CLO ETF $CLOI

Joseph Group Capital Management acquired a new stake in VanEck CLO ETF (NYSEARCA:CLOI) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 13,447 shares of the company’s stock, valued at approximately $712,000.

Other institutional investors also recently modified their holdings of the company. Capital Investment Advisors LLC acquired a new stake in VanEck CLO ETF in the third quarter worth $100,933,000. Sax Wealth Advisors LLC raised its holdings in shares of VanEck CLO ETF by 40.3% during the third quarter. Sax Wealth Advisors LLC now owns 562,168 shares of the company’s stock valued at $29,778,000 after purchasing an additional 161,469 shares during the period. Gradient Investments LLC raised its holdings in shares of VanEck CLO ETF by 2.6% during the second quarter. Gradient Investments LLC now owns 275,289 shares of the company’s stock valued at $14,577,000 after purchasing an additional 6,992 shares during the period. Beaumont Financial Advisors LLC boosted its position in shares of VanEck CLO ETF by 2.9% during the 3rd quarter. Beaumont Financial Advisors LLC now owns 261,852 shares of the company’s stock worth $13,870,000 after purchasing an additional 7,360 shares in the last quarter. Finally, Integras Partners LLC boosted its position in shares of VanEck CLO ETF by 4.6% during the 3rd quarter. Integras Partners LLC now owns 205,508 shares of the company’s stock worth $10,886,000 after purchasing an additional 9,041 shares in the last quarter.

VanEck CLO ETF Stock Performance

Shares of CLOI opened at $52.83 on Tuesday. The stock has a 50-day moving average of $52.88 and a 200-day moving average of $52.82. VanEck CLO ETF has a one year low of $52.36 and a one year high of $53.07.

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.