Arete Wealth Advisors LLC Raises Stock Position in VanEck CLO ETF (NYSEARCA:CLOI)

Arete Wealth Advisors LLC grew its stake in VanEck CLO ETF (NYSEARCA:CLOI) by 44.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 19,162 shares of the company’s stock after purchasing an additional 5,880 shares during the period. Arete Wealth Advisors LLC’s holdings in VanEck CLO ETF were worth $1,016,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of CLOI. PSI Advisors LLC purchased a new stake in VanEck CLO ETF in the third quarter valued at approximately $42,000. Mattson Financial Services LLC purchased a new stake in VanEck CLO ETF in the 2nd quarter valued at $90,000. Raleigh Capital Management Inc. acquired a new stake in VanEck CLO ETF during the 3rd quarter worth $116,000. Centaurus Financial Inc. purchased a new position in VanEck CLO ETF during the 3rd quarter worth $136,000. Finally, Insigneo Advisory Services LLC acquired a new position in VanEck CLO ETF in the second quarter valued at $222,000.

VanEck CLO ETF Stock Down 0.0 %

Shares of NYSEARCA:CLOI opened at $53.01 on Thursday. VanEck CLO ETF has a one year low of $52.06 and a one year high of $53.21. The company has a 50-day simple moving average of $52.97 and a 200-day simple moving average of $52.90.

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.