Employees Retirement Fund of the City of Fort Worth Buys New Holdings in VanEck CLO ETF $CLOI

Employees Retirement Fund of the City of Fort Worth bought a new stake in VanEck CLO ETF (NYSEARCA:CLOI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 226,600 shares of the company’s stock, valued at approximately $11,967,000. VanEck CLO ETF makes up approximately 5.4% of Employees Retirement Fund of the City of Fort Worth’s investment portfolio, making the stock its 7th biggest position. Employees Retirement Fund of the City of Fort Worth owned 0.89% of VanEck CLO ETF at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Trivium Point Advisory LLC raised its stake in VanEck CLO ETF by 1.7% during the third quarter. Trivium Point Advisory LLC now owns 16,644 shares of the company’s stock worth $884,000 after acquiring an additional 273 shares in the last quarter. Wayfinding Financial LLC raised its stake in VanEck CLO ETF by 0.6% during the third quarter. Wayfinding Financial LLC now owns 54,820 shares of the company’s stock worth $2,910,000 after acquiring an additional 316 shares in the last quarter. Portside Wealth Group LLC raised its stake in VanEck CLO ETF by 5.5% during the fourth quarter. Portside Wealth Group LLC now owns 6,593 shares of the company’s stock worth $348,000 after acquiring an additional 345 shares in the last quarter. Quest 10 Wealth Builders Inc. raised its stake in VanEck CLO ETF by 8.1% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 4,744 shares of the company’s stock worth $251,000 after acquiring an additional 354 shares in the last quarter. Finally, Mpwm Advisory Solutions LLC raised its stake in VanEck CLO ETF by 0.7% during the third quarter. Mpwm Advisory Solutions LLC now owns 52,784 shares of the company’s stock worth $2,803,000 after acquiring an additional 365 shares in the last quarter.

VanEck CLO ETF Stock Performance

VanEck CLO ETF stock opened at $52.83 on Thursday. The stock has a fifty day moving average price of $52.75 and a two-hundred day moving average price of $52.79. VanEck CLO ETF has a 52-week low of $52.36 and a 52-week high of $53.15.

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.