10,367 Shares of VanEck CLO ETF $CLOI Bought by WESPAC Advisors LLC

WESPAC Advisors LLC purchased a new position in shares of VanEck CLO ETF (NYSEARCA:CLOI) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,367 shares of the company’s stock, valued at approximately $549,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Verdence Capital Advisors LLC acquired a new stake in VanEck CLO ETF in the third quarter valued at approximately $4,561,000. Trademark Financial Management LLC lifted its stake in VanEck CLO ETF by 16.2% in the third quarter. Trademark Financial Management LLC now owns 33,211 shares of the company’s stock worth $1,759,000 after acquiring an additional 4,631 shares during the last quarter. Capital Investment Advisors LLC acquired a new position in VanEck CLO ETF during the 3rd quarter worth approximately $100,933,000. Beaumont Financial Advisors LLC increased its position in shares of VanEck CLO ETF by 2.9% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 261,852 shares of the company’s stock valued at $13,870,000 after purchasing an additional 7,360 shares during the last quarter. Finally, Optivise Advisory Services LLC increased its position in shares of VanEck CLO ETF by 8.3% in the 3rd quarter. Optivise Advisory Services LLC now owns 12,999 shares of the company’s stock valued at $689,000 after purchasing an additional 997 shares during the last quarter.

VanEck CLO ETF Stock Performance

Shares of CLOI opened at $52.94 on Tuesday. The firm’s fifty day simple moving average is $52.89 and its 200-day simple moving average is $52.82. VanEck CLO ETF has a twelve month low of $52.36 and a twelve month high of $53.10.

VanEck CLO ETF 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.