LPL Financial LLC grew its holdings in shares of VanEck CLO ETF (NYSEARCA:CLOI – Free Report) by 19.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 855,783 shares of the company’s stock after acquiring an additional 141,573 shares during the period. LPL Financial LLC owned about 0.14% of VanEck CLO ETF worth $45,160,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of CLOI. Arkadios Wealth Advisors grew its stake in VanEck CLO ETF by 29.8% during the 4th quarter. Arkadios Wealth Advisors now owns 7,439 shares of the company’s stock valued at $393,000 after purchasing an additional 1,708 shares in the last quarter. Geneos Wealth Management Inc. acquired a new stake in shares of VanEck CLO ETF during the fourth quarter worth approximately $506,000. Beaumont Financial Advisors LLC increased its stake in shares of VanEck CLO ETF by 50.9% in the fourth quarter. Beaumont Financial Advisors LLC now owns 214,635 shares of the company’s stock worth $11,326,000 after buying an additional 72,356 shares during the last quarter. Lowe Wealth Advisors LLC raised its holdings in VanEck CLO ETF by 3,588.5% in the fourth quarter. Lowe Wealth Advisors LLC now owns 4,832 shares of the company’s stock valued at $255,000 after acquiring an additional 4,701 shares in the last quarter. Finally, Arete Wealth Advisors LLC raised its holdings in VanEck CLO ETF by 44.3% in the third quarter. Arete Wealth Advisors LLC now owns 19,162 shares of the company’s stock valued at $1,016,000 after acquiring an additional 5,880 shares in the last quarter.
VanEck CLO ETF Price Performance
Shares of CLOI stock opened at $52.82 on Friday. The firm has a fifty day moving average of $52.98 and a two-hundred day moving average of $52.96. VanEck CLO ETF has a 1-year low of $52.51 and a 1-year high of $53.21.
About VanEck CLO ETF
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.
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