Fulcrum Equity Management Buys Shares of 12,383 VanEck CLO ETF $CLOI

Fulcrum Equity Management purchased a new position in VanEck CLO ETF (NYSEARCA:CLOI) during the 2nd quarter, Holdings Channel reports. The fund purchased 12,383 shares of the company’s stock, valued at approximately $656,000.

Several other institutional investors and hedge funds have also modified their holdings of CLOI. Fifth Third Bancorp bought a new stake in shares of VanEck CLO ETF during the 1st quarter valued at $32,000. Wells Fargo & Company MN purchased a new stake in shares of VanEck CLO ETF in the 4th quarter worth $37,000. NBC Securities Inc. purchased a new stake in shares of VanEck CLO ETF in the 4th quarter worth $61,000. Capital Investment Advisory Services LLC bought a new position in VanEck CLO ETF in the 4th quarter worth $68,000. Finally, FAS Wealth Partners Inc. raised its holdings in VanEck CLO ETF by 38.8% in the 1st quarter. FAS Wealth Partners Inc. now owns 2,389 shares of the company’s stock worth $126,000 after purchasing an additional 668 shares during the period.

VanEck CLO ETF Trading Down 0.0%

NYSEARCA CLOI opened at $52.82 on Tuesday. The business’s fifty day moving average is $52.86 and its 200 day moving average is $52.79. VanEck CLO ETF has a fifty-two week low of $52.36 and a fifty-two week high of $53.15.

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.