Ferguson Shapiro LLC lowered its stake in VanEck CLO ETF (NYSEARCA:CLOI – Free Report) by 19.4% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 60,747 shares of the company’s stock after selling 14,597 shares during the period. VanEck CLO ETF accounts for approximately 1.0% of Ferguson Shapiro LLC’s holdings, making the stock its 19th biggest holding. Ferguson Shapiro LLC owned 0.24% of VanEck CLO ETF worth $3,201,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of CLOI. Moneta Group Investment Advisors LLC bought a new stake in VanEck CLO ETF in the third quarter valued at about $11,647,000. AE Wealth Management LLC raised its stake in VanEck CLO ETF by 7.6% during the fourth quarter. AE Wealth Management LLC now owns 244,329 shares of the company’s stock valued at $12,903,000 after buying an additional 17,325 shares in the last quarter. Galvin Gaustad & Stein LLC bought a new position in VanEck CLO ETF during the 4th quarter worth approximately $1,385,000. Cathy Pareto & Associates Inc. lifted its holdings in VanEck CLO ETF by 70.1% during the 4th quarter. Cathy Pareto & Associates Inc. now owns 49,743 shares of the company’s stock worth $2,627,000 after buying an additional 20,493 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in VanEck CLO ETF by 46,508.8% during the 4th quarter. Farther Finance Advisors LLC now owns 15,847 shares of the company’s stock worth $837,000 after buying an additional 15,813 shares during the last quarter.
VanEck CLO ETF Trading Up 0.0%
Shares of CLOI opened at $52.95 on Wednesday. The stock has a 50 day moving average of $52.84 and a 200-day moving average of $52.80. VanEck CLO ETF has a 52 week low of $52.36 and a 52 week high of $53.15.
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.
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