VanEck CLO ETF $CLOI Shares Acquired by Echo45 Advisors LLC

Echo45 Advisors LLC lifted its holdings in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 647.6% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 55,022 shares of the company’s stock after acquiring an additional 47,662 shares during the period. VanEck CLO ETF makes up approximately 1.5% of Echo45 Advisors LLC’s investment portfolio, making the stock its 22nd largest holding. Echo45 Advisors LLC owned 0.19% of VanEck CLO ETF worth $2,823,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of CLOI. Mpwm Advisory Solutions LLC raised its position in shares of VanEck CLO ETF by 0.7% in the 3rd quarter. Mpwm Advisory Solutions LLC now owns 52,784 shares of the company’s stock valued at $2,803,000 after purchasing an additional 365 shares during the last quarter. Fifth Third Bancorp acquired a new stake in VanEck CLO ETF in the 1st quarter worth approximately $32,000. FAS Wealth Partners Inc. grew its position in VanEck CLO ETF by 38.8% during the 1st quarter. FAS Wealth Partners Inc. now owns 2,389 shares of the company’s stock worth $126,000 after purchasing an additional 668 shares during the last quarter. Wells Fargo & Company MN purchased a new stake in VanEck CLO ETF during the 4th quarter worth approximately $37,000. Finally, Redhawk Wealth Advisors Inc. increased its stake in VanEck CLO ETF by 15.9% during the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 5,603 shares of the company’s stock valued at $297,000 after purchasing an additional 768 shares in the last quarter.

VanEck CLO ETF Stock Up 0.0%

NYSEARCA CLOI opened at $52.84 on Friday. The company has a fifty day simple moving average of $52.86 and a two-hundred day simple moving average of $52.79. VanEck CLO ETF has a 12-month low of $52.36 and a 12-month high of $53.15.

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