Thrivent Financial for Lutherans Makes New $5.30 Million Investment in VanEck CLO ETF $CLOI

Thrivent Financial for Lutherans purchased a new stake in VanEck CLO ETF (NYSEARCA:CLOI) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 100,010 shares of the company’s stock, valued at approximately $5,296,000. Thrivent Financial for Lutherans owned approximately 0.50% of VanEck CLO ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Geneos Wealth Management Inc. increased its position in shares of VanEck CLO ETF by 28.5% during the second quarter. Geneos Wealth Management Inc. now owns 153,503 shares of the company’s stock worth $8,128,000 after acquiring an additional 34,036 shares in the last quarter. Sugar Maple Asset Management LLC boosted its stake in VanEck CLO ETF by 3.5% in the 2nd quarter. Sugar Maple Asset Management LLC now owns 72,685 shares of the company’s stock worth $3,849,000 after purchasing an additional 2,429 shares during the period. Visionary Wealth Advisors increased its holdings in VanEck CLO ETF by 27.4% during the 2nd quarter. Visionary Wealth Advisors now owns 86,777 shares of the company’s stock worth $4,595,000 after purchasing an additional 18,664 shares in the last quarter. Curi Capital LLC increased its holdings in VanEck CLO ETF by 2.0% during the 2nd quarter. Curi Capital LLC now owns 165,842 shares of the company’s stock worth $8,781,000 after purchasing an additional 3,185 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new stake in shares of VanEck CLO ETF in the 2nd quarter valued at about $13,048,000.

VanEck CLO ETF Stock Performance

Shares of VanEck CLO ETF stock opened at $52.93 on Friday. The stock’s 50-day moving average is $52.92 and its 200-day moving average is $52.92. VanEck CLO ETF has a one year low of $50.12 and a one year high of $53.20.

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