CacheTech Inc. Has $1.34 Million Holdings in VanEck CLO ETF (NYSEARCA:CLOI)

CacheTech Inc. grew its holdings in VanEck CLO ETF (NYSEARCA:CLOI) by 10.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 25,341 shares of the company’s stock after acquiring an additional 2,491 shares during the period. CacheTech Inc.’s holdings in VanEck CLO ETF were worth $1,344,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Capital Investment Advisors LLC bought a new position in shares of VanEck CLO ETF in the third quarter valued at about $32,074,000. Darwin Wealth Management LLC acquired a new position in shares of VanEck CLO ETF in the second quarter valued at about $10,260,000. Gradient Investments LLC increased its position in VanEck CLO ETF by 139.0% during the second quarter. Gradient Investments LLC now owns 223,416 shares of the company’s stock worth $11,828,000 after acquiring an additional 129,925 shares during the period. CoreCap Advisors LLC bought a new stake in VanEck CLO ETF in the 2nd quarter valued at about $3,842,000. Finally, Principal Securities Inc. bought a new stake in VanEck CLO ETF in the 3rd quarter valued at about $3,585,000.

VanEck CLO ETF Stock Performance

Shares of NYSEARCA:CLOI opened at $52.83 on Friday. The company’s 50 day moving average price is $52.92 and its two-hundred day moving average price is $52.85. VanEck CLO ETF has a 12-month low of $51.88 and a 12-month high of $53.18.

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.