OneAscent Wealth Management LLC Makes New Investment in VanEck CLO ETF $CLOI

OneAscent Wealth Management LLC acquired a new stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 81,105 shares of the company’s stock, valued at approximately $4,307,000. VanEck CLO ETF accounts for about 1.4% of OneAscent Wealth Management LLC’s investment portfolio, making the stock its 12th biggest position.

A number of other institutional investors have also recently made changes to their positions in CLOI. Capital Investment Advisors LLC increased its position in VanEck CLO ETF by 11.4% during the 3rd quarter. Capital Investment Advisors LLC now owns 1,434,140 shares of the company’s stock valued at $76,153,000 after buying an additional 147,163 shares in the last quarter. Independence Asset Advisors LLC increased its holdings in shares of VanEck CLO ETF by 547.6% during the second quarter. Independence Asset Advisors LLC now owns 1,099,620 shares of the company’s stock valued at $58,218,000 after acquiring an additional 929,812 shares in the last quarter. TRUE Private Wealth Advisors raised its position in shares of VanEck CLO ETF by 4.1% in the 2nd quarter. TRUE Private Wealth Advisors now owns 360,791 shares of the company’s stock valued at $19,104,000 after purchasing an additional 14,066 shares during the last quarter. WealthPlan Investment Management LLC boosted its stake in VanEck CLO ETF by 3.6% in the 3rd quarter. WealthPlan Investment Management LLC now owns 323,776 shares of the company’s stock worth $17,193,000 after purchasing an additional 11,305 shares in the last quarter. Finally, Ferguson Shapiro LLC grew its position in VanEck CLO ETF by 98.2% during the 2nd quarter. Ferguson Shapiro LLC now owns 323,062 shares of the company’s stock worth $17,106,000 after purchasing an additional 160,052 shares during the last quarter.

VanEck CLO ETF Stock Performance

Shares of VanEck CLO ETF stock opened at $53.00 on Monday. The firm’s 50 day simple moving average is $52.89 and its two-hundred day simple moving average is $52.92. VanEck CLO ETF has a 12-month low of $50.12 and a 12-month high of $53.20.

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. CLOI was launched on Jun 21, 2022 and is managed by VanEck.