VanEck CLO ETF $CLOI Shares Acquired by Independence Asset Advisors LLC

Independence Asset Advisors LLC lifted its stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 1.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,589,919 shares of the company’s stock after purchasing an additional 17,203 shares during the period. VanEck CLO ETF comprises 46.3% of Independence Asset Advisors LLC’s investment portfolio, making the stock its biggest position. Independence Asset Advisors LLC owned about 0.06% of VanEck CLO ETF worth $83,971,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Narwhal Capital Management increased its stake in shares of VanEck CLO ETF by 16.0% during the fourth quarter. Narwhal Capital Management now owns 15,517 shares of the company’s stock worth $819,000 after purchasing an additional 2,136 shares in the last quarter. RMR Wealth Builders purchased a new stake in shares of VanEck CLO ETF during the fourth quarter worth about $355,000. Kestra Private Wealth Services LLC increased its stake in shares of VanEck CLO ETF by 30.2% during the fourth quarter. Kestra Private Wealth Services LLC now owns 80,284 shares of the company’s stock worth $4,240,000 after purchasing an additional 18,605 shares in the last quarter. Quest 10 Wealth Builders Inc. increased its stake in shares of VanEck CLO ETF by 8.1% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 4,744 shares of the company’s stock worth $251,000 after purchasing an additional 354 shares in the last quarter. Finally, Sanctuary Advisors LLC increased its stake in shares of VanEck CLO ETF by 3.7% during the fourth quarter. Sanctuary Advisors LLC now owns 34,653 shares of the company’s stock worth $1,830,000 after purchasing an additional 1,226 shares in the last quarter.

VanEck CLO ETF Price Performance

CLOI stock opened at $52.68 on Friday. The firm has a 50-day simple moving average of $52.64 and a 200-day simple moving average of $52.82. VanEck CLO ETF has a 52 week low of $52.36 and a 52 week high of $53.15.

VanEck CLO ETF Company 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.