Private Advisor Group LLC Cuts Stake in VanEck CLO ETF (NYSEARCA:CLOI)

Private Advisor Group LLC trimmed its holdings in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 9.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,661 shares of the company’s stock after selling 1,505 shares during the quarter. Private Advisor Group LLC owned 0.07% of VanEck CLO ETF worth $722,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Crossmark Global Holdings Inc. purchased a new stake in shares of VanEck CLO ETF during the first quarter worth about $1,546,000. Piedmont Capital Management LLC increased its position in shares of VanEck CLO ETF by 6.6% during the fourth quarter. Piedmont Capital Management LLC now owns 38,912 shares of the company’s stock worth $2,054,000 after acquiring an additional 2,407 shares during the last quarter. IHT Wealth Management LLC purchased a new stake in shares of VanEck CLO ETF during the fourth quarter worth about $1,255,000. MML Investors Services LLC increased its position in shares of VanEck CLO ETF by 7.7% during the fourth quarter. MML Investors Services LLC now owns 155,532 shares of the company’s stock worth $8,207,000 after acquiring an additional 11,140 shares during the last quarter. Finally, Syon Capital LLC increased its position in shares of VanEck CLO ETF by 135.2% during the fourth quarter. Syon Capital LLC now owns 792,110 shares of the company’s stock worth $41,800,000 after acquiring an additional 455,307 shares during the last quarter.

VanEck CLO ETF Stock Up 0.1%

Shares of NYSEARCA CLOI opened at $53.03 on Wednesday. VanEck CLO ETF has a 1 year low of $50.12 and a 1 year high of $53.21. The stock’s 50-day simple moving average is $52.89 and its 200-day simple moving average is $52.81.

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.