Sax Wealth Advisors LLC increased its stake in VanEck CLO ETF (NYSEARCA:CLOI – Free Report) by 1,592.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 115,680 shares of the company’s stock after purchasing an additional 108,846 shares during the quarter. Sax Wealth Advisors LLC owned approximately 0.58% of VanEck CLO ETF worth $6,125,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Crossmark Global Holdings Inc. acquired a new stake in VanEck CLO ETF in the 1st quarter worth approximately $1,546,000. Sentinel Pension Advisors LLC lifted its holdings in VanEck CLO ETF by 828.9% in the 2nd quarter. Sentinel Pension Advisors LLC now owns 154,157 shares of the company’s stock worth $8,163,000 after purchasing an additional 137,561 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in VanEck CLO ETF by 118.6% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 36,101 shares of the company’s stock worth $1,908,000 after purchasing an additional 19,590 shares during the last quarter. TFB Advisors LLC lifted its holdings in VanEck CLO ETF by 11.0% in the 1st quarter. TFB Advisors LLC now owns 6,151 shares of the company’s stock worth $325,000 after purchasing an additional 609 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in VanEck CLO ETF in the 2nd quarter worth approximately $8,185,000.
VanEck CLO ETF Stock Performance
CLOI opened at $52.92 on Wednesday. The business has a 50 day moving average price of $52.96 and a 200 day moving average price of $52.79. VanEck CLO ETF has a twelve month low of $50.12 and a twelve month high of $53.21.
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.
Read More
- Five stocks we like better than VanEck CLO ETF
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- EA’s $55 Billion Deal Spurs a Shake-Up in the Gaming Sector
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- These Are the 3 Hottest Sectors for Q3 Earnings Growth
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- AMD Could Double From Here—Thanks to Its Blockbuster OpenAI Deal
Want to see what other hedge funds are holding CLOI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck CLO ETF (NYSEARCA:CLOI – Free Report).
Receive News & Ratings for VanEck CLO ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck CLO ETF and related companies with MarketBeat.com's FREE daily email newsletter.
