Kestra Advisory Services LLC Purchases 17,116 Shares of VanEck CLO ETF $CLOI

Kestra Advisory Services LLC lifted its holdings in VanEck CLO ETF (NYSEARCA:CLOI) by 23.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 89,872 shares of the company’s stock after acquiring an additional 17,116 shares during the period. Kestra Advisory Services LLC owned approximately 0.26% of VanEck CLO ETF worth $4,761,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Concurrent Investment Advisors LLC bought a new position in shares of VanEck CLO ETF during the 2nd quarter worth approximately $1,310,000. Hutchens & Kramer Investment Management Group LLC bought a new position in shares of VanEck CLO ETF during the 2nd quarter worth about $637,000. Western Wealth Management LLC grew its stake in shares of VanEck CLO ETF by 84.6% in the 1st quarter. Western Wealth Management LLC now owns 61,476 shares of the company’s stock valued at $3,240,000 after buying an additional 28,172 shares during the period. Tidal Investments LLC bought a new stake in VanEck CLO ETF in the 2nd quarter valued at about $2,851,000. Finally, Compass Financial Management LLC bought a new stake in VanEck CLO ETF in the 2nd quarter valued at about $659,000.

VanEck CLO ETF Stock Performance

NYSEARCA CLOI opened at $52.86 on Friday. VanEck CLO ETF has a 52 week low of $52.36 and a 52 week high of $53.07. The business has a 50 day moving average price of $52.88 and a 200-day moving average price of $52.82.

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.