VanEck CLO ETF (NYSEARCA:CLOI) Shares Sold by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC cut its position in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 2.1% during the 4th quarter, Holdings Channel reports. The firm owned 662,997 shares of the company’s stock after selling 14,306 shares during the period. Orion Portfolio Solutions LLC owned about 0.11% of VanEck CLO ETF worth $34,986,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. LPL Financial LLC lifted its stake in VanEck CLO ETF by 19.8% during the fourth quarter. LPL Financial LLC now owns 855,783 shares of the company’s stock valued at $45,160,000 after purchasing an additional 141,573 shares during the last quarter. Kiker Wealth Management LLC purchased a new position in shares of VanEck CLO ETF during the fourth quarter valued at $73,000. TAP Consulting LLC raised its position in VanEck CLO ETF by 85.7% during the fourth quarter. TAP Consulting LLC now owns 42,496 shares of the company’s stock valued at $2,243,000 after buying an additional 19,612 shares during the period. Thrivent Financial for Lutherans purchased a new stake in VanEck CLO ETF in the 4th quarter worth about $766,000. Finally, Integras Partners LLC acquired a new stake in VanEck CLO ETF during the 4th quarter worth about $7,106,000.

VanEck CLO ETF Trading Up 0.2 %

Shares of CLOI opened at $52.82 on Friday. The business’s 50-day moving average is $52.98 and its 200-day moving average is $52.96. VanEck CLO ETF has a fifty-two week low of $52.51 and a fifty-two week high of $53.21.

VanEck CLO ETF Company 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.