VanEck CLO ETF $CLOI Shares Purchased by Lowe Wealth Advisors LLC

Lowe Wealth Advisors LLC boosted its stake in VanEck CLO ETF (NYSEARCA:CLOI) by 4.4% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 10,411 shares of the company’s stock after purchasing an additional 442 shares during the period. Lowe Wealth Advisors LLC owned about 0.05% of VanEck CLO ETF worth $551,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC grew its stake in shares of VanEck CLO ETF by 50.0% in the first quarter. LPL Financial LLC now owns 1,283,259 shares of the company’s stock worth $67,807,000 after acquiring an additional 427,476 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of VanEck CLO ETF by 601.6% in the first quarter. Envestnet Asset Management Inc. now owns 485,336 shares of the company’s stock worth $25,645,000 after acquiring an additional 416,160 shares in the last quarter. Capital Investment Advisors LLC grew its stake in shares of VanEck CLO ETF by 21.2% in the first quarter. Capital Investment Advisors LLC now owns 1,122,520 shares of the company’s stock worth $59,314,000 after acquiring an additional 196,033 shares in the last quarter. Clark Capital Management Group Inc. acquired a new position in shares of VanEck CLO ETF in the first quarter worth $9,794,000. Finally, Proficio Capital Partners LLC acquired a new position in shares of VanEck CLO ETF in the first quarter worth $9,170,000.

VanEck CLO ETF Stock Performance

NYSEARCA:CLOI opened at $52.95 on Monday. The company has a fifty day simple moving average of $52.93 and a two-hundred day simple moving average of $52.78. VanEck CLO ETF has a 52 week low of $50.12 and a 52 week high of $53.21.

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.