VanEck CLO ETF $CLOI Shares Purchased by Financial Management Network Inc.

Financial Management Network Inc. raised its stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 23.2% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 129,560 shares of the company’s stock after buying an additional 24,372 shares during the period. VanEck CLO ETF comprises about 1.0% of Financial Management Network Inc.’s portfolio, making the stock its 25th largest holding. Financial Management Network Inc. owned 0.52% of VanEck CLO ETF worth $6,807,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Trivium Point Advisory LLC lifted its holdings in VanEck CLO ETF by 1.7% in the third quarter. Trivium Point Advisory LLC now owns 16,644 shares of the company’s stock valued at $884,000 after acquiring an additional 273 shares during the period. Wayfinding Financial LLC grew its stake in shares of VanEck CLO ETF by 0.6% during the 3rd quarter. Wayfinding Financial LLC now owns 54,820 shares of the company’s stock worth $2,910,000 after purchasing an additional 316 shares during the period. Portside Wealth Group LLC grew its stake in shares of VanEck CLO ETF by 5.5% during the 4th quarter. Portside Wealth Group LLC now owns 6,593 shares of the company’s stock worth $348,000 after purchasing an additional 345 shares during the period. Quest 10 Wealth Builders Inc. increased its holdings in shares of VanEck CLO ETF by 8.1% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 4,744 shares of the company’s stock valued at $251,000 after purchasing an additional 354 shares in the last quarter. Finally, Mpwm Advisory Solutions LLC increased its holdings in shares of VanEck CLO ETF by 0.7% during 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 in the last quarter.

VanEck CLO ETF Trading Up 0.0%

CLOI opened at $52.94 on Tuesday. The firm has a fifty day moving average price of $52.80 and a 200 day moving average price of $52.79. VanEck CLO ETF has a 1 year low of $52.36 and a 1 year 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.