Sanctuary Advisors LLC Raises Position in VanEck CLO ETF $CLOI

Sanctuary Advisors LLC raised its position in VanEck CLO ETF (NYSEARCA:CLOI) by 79.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 62,142 shares of the company’s stock after buying an additional 27,489 shares during the period. Sanctuary Advisors LLC owned about 0.25% of VanEck CLO ETF worth $3,275,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. AE Wealth Management LLC raised its holdings in VanEck CLO ETF by 7.6% in the 4th quarter. AE Wealth Management LLC now owns 244,329 shares of the company’s stock valued at $12,903,000 after acquiring an additional 17,325 shares during the last quarter. Galvin Gaustad & Stein LLC purchased a new stake in shares of VanEck CLO ETF in the fourth quarter valued at approximately $1,385,000. Financial Management Network Inc. increased its holdings in shares of VanEck CLO ETF by 23.2% in the first quarter. Financial Management Network Inc. now owns 129,560 shares of the company’s stock valued at $6,807,000 after purchasing an additional 24,372 shares during the last quarter. Cathy Pareto & Associates Inc. lifted its position in VanEck CLO ETF by 70.1% during the fourth 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 in the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in VanEck CLO ETF by 46,508.8% during the fourth 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 Stock Performance

Shares of NYSEARCA:CLOI opened at $52.85 on Tuesday. VanEck CLO ETF has a 52-week low of $52.36 and a 52-week high of $53.15. The business has a fifty day moving average of $52.86 and a two-hundred day moving average of $52.79.

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.