CoreCap Advisors LLC trimmed its holdings in VanEck CLO ETF (NYSEARCA:CLOI – Free Report) by 86.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,340 shares of the company’s stock after selling 33,950 shares during the period. CoreCap Advisors LLC owned 0.24% of VanEck CLO ETF worth $278,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in CLOI. WESPAC Advisors LLC raised its holdings in shares of VanEck CLO ETF by 6.8% during the 3rd quarter. WESPAC Advisors LLC now owns 43,026 shares of the company’s stock valued at $2,244,000 after buying an additional 2,730 shares during the period. WealthPlan Investment Management LLC raised its holdings in shares of VanEck CLO ETF by 5.1% during the 4th quarter. WealthPlan Investment Management LLC now owns 167,957 shares of the company’s stock valued at $8,755,000 after buying an additional 8,220 shares during the period. Lincoln National Corp purchased a new stake in shares of VanEck CLO ETF during the 3rd quarter valued at about $205,000. Wright Fund Management LLC purchased a new stake in VanEck CLO ETF during the 3rd quarter worth approximately $1,314,000. Finally, TCP Asset Management LLC purchased a new stake in VanEck CLO ETF during the 4th quarter worth approximately $550,000.
VanEck CLO ETF Stock Performance
CLOI stock opened at $52.79 on Thursday. The stock’s 50 day moving average is $52.53 and its two-hundred day moving average is $52.27. VanEck CLO ETF has a 52-week low of $51.09 and a 52-week high of $52.85.
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.
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