Beaumont Financial Advisors LLC Acquires 17,587 Shares of VanEck CLO ETF $CLOI

Beaumont Financial Advisors LLC raised its stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 8.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 223,533 shares of the company’s stock after purchasing an additional 17,587 shares during the quarter. Beaumont Financial Advisors LLC owned 0.89% of VanEck CLO ETF worth $11,780,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Fifth Third Bancorp acquired a new stake in VanEck CLO ETF in the 1st quarter valued at $32,000. Wells Fargo & Company MN bought a new stake in shares of VanEck CLO ETF in the 4th quarter worth about $37,000. Raleigh Capital Management Inc. acquired a new stake in shares of VanEck CLO ETF during the 4th quarter worth about $43,000. NBC Securities Inc. bought a new position in VanEck CLO ETF during the 4th quarter valued at about $61,000. Finally, Capital Investment Advisory Services LLC bought a new position in VanEck CLO ETF during the 4th quarter valued at about $68,000.

VanEck CLO ETF Stock Performance

NYSEARCA:CLOI opened at $52.85 on Thursday. VanEck CLO ETF has a 12 month low of $52.36 and a 12 month high of $53.15. The company’s 50-day moving average price is $52.85 and its two-hundred day moving average price is $52.79.

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.