VanEck CLO ETF $CLOI Shares Bought by AE Wealth Management LLC

AE Wealth Management LLC boosted its holdings in VanEck CLO ETF (NYSEARCA:CLOI) by 28.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 227,004 shares of the company’s stock after buying an additional 50,806 shares during the period. AE Wealth Management LLC owned approximately 0.96% of VanEck CLO ETF worth $12,054,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in CLOI. Independence Asset Advisors LLC raised its stake in shares of VanEck CLO ETF by 43.0% in the 3rd quarter. Independence Asset Advisors LLC now owns 1,572,716 shares of the company’s stock valued at $83,507,000 after purchasing an additional 473,096 shares in the last quarter. Tandem Financial LLC bought a new stake in VanEck CLO ETF in the third quarter valued at $5,823,000. OneAscent Wealth Management LLC acquired a new position in shares of VanEck CLO ETF during the third quarter valued at $4,307,000. OneAscent Financial Services LLC acquired a new stake in shares of VanEck CLO ETF in the 3rd quarter worth about $3,976,000. Finally, OneAscent Family Office LLC bought a new stake in VanEck CLO ETF in the 3rd quarter valued at about $506,000.

VanEck CLO ETF Price Performance

VanEck CLO ETF stock opened at $53.04 on Friday. VanEck CLO ETF has a 52-week low of $50.12 and a 52-week high of $53.20. The firm has a 50-day moving average price of $52.90 and a two-hundred day moving average price of $52.93.

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. CLOI was launched on Jun 21, 2022 and is managed by VanEck.