VanEck CLO ETF $CLOI Shares Sold by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC reduced its position in VanEck CLO ETF (NYSEARCA:CLOI) by 11.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 210,615 shares of the company’s stock after selling 28,015 shares during the period. Beaumont Financial Advisors LLC owned approximately 1.05% of VanEck CLO ETF worth $11,152,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of CLOI. LPL Financial LLC increased its position in VanEck CLO ETF by 50.0% during the 1st quarter. LPL Financial LLC now owns 1,283,259 shares of the company’s stock worth $67,807,000 after purchasing an additional 427,476 shares in the last quarter. Capital Investment Advisors LLC grew its stake in VanEck CLO ETF by 21.2% during the first quarter. Capital Investment Advisors LLC now owns 1,122,520 shares of the company’s stock worth $59,314,000 after buying an additional 196,033 shares during the period. Envestnet Asset Management Inc. increased its position in shares of VanEck CLO ETF by 601.6% in the first quarter. Envestnet Asset Management Inc. now owns 485,336 shares of the company’s stock worth $25,645,000 after acquiring an additional 416,160 shares in the last quarter. Brookstone Capital Management raised its stake in shares of VanEck CLO ETF by 31.3% in the 1st quarter. Brookstone Capital Management now owns 299,903 shares of the company’s stock valued at $15,847,000 after acquiring an additional 71,529 shares during the period. Finally, Gradient Investments LLC raised its stake in shares of VanEck CLO ETF by 0.8% in the 2nd quarter. Gradient Investments LLC now owns 277,737 shares of the company’s stock valued at $14,706,000 after acquiring an additional 2,132 shares during the period.

VanEck CLO ETF Stock Performance

NYSEARCA:CLOI opened at $53.01 on Friday. The firm’s fifty day simple moving average is $52.96 and its 200 day simple moving average is $52.79. VanEck CLO ETF has a twelve month low of $50.12 and a twelve month high of $53.21.

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.