Stonebridge Financial Planning Group LLC boosted its stake in shares of VanEck CLO ETF (NYSEARCA:CLOI – Free Report) by 45.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,420 shares of the company’s stock after purchasing an additional 2,000 shares during the period. Stonebridge Financial Planning Group LLC owned about 0.11% of VanEck CLO ETF worth $340,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of CLOI. Annapolis Financial Services LLC purchased a new position in shares of VanEck CLO ETF in the second quarter valued at about $133,000. Arkadios Wealth Advisors purchased a new position in shares of VanEck CLO ETF in the second quarter valued at about $227,000. Concurrent Investment Advisors LLC purchased a new position in shares of VanEck CLO ETF in the second quarter valued at about $251,000. Trademark Financial Management LLC purchased a new position in shares of VanEck CLO ETF in the fourth quarter valued at about $370,000. Finally, Seed Wealth Management Inc. lifted its position in shares of VanEck CLO ETF by 10.7% in the first quarter. Seed Wealth Management Inc. now owns 8,310 shares of the company’s stock valued at $437,000 after acquiring an additional 800 shares in the last quarter.
VanEck CLO ETF Stock Performance
Shares of VanEck CLO ETF stock opened at $52.85 on Friday. The stock’s 50-day simple moving average is $52.85 and its 200-day simple moving average is $52.77. VanEck CLO ETF has a 52 week low of $51.88 and a 52 week high of $53.03.
VanEck CLO ETF 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.
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