VanEck CLO ETF (NYSEARCA:CLOI) Stake Boosted by WealthPLAN Partners LLC

WealthPLAN Partners LLC raised its holdings in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 2.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 151,551 shares of the company’s stock after purchasing an additional 3,810 shares during the period. VanEck CLO ETF comprises about 1.1% of WealthPLAN Partners LLC’s portfolio, making the stock its 21st largest holding. WealthPLAN Partners LLC owned approximately 2.48% of VanEck CLO ETF worth $8,038,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of CLOI. Capital Investment Advisors LLC bought a new stake in shares of VanEck CLO ETF during the 3rd quarter valued at about $32,074,000. Gradient Investments LLC raised its position in shares of VanEck CLO ETF by 139.0% during the 2nd quarter. Gradient Investments LLC now owns 223,416 shares of the company’s stock worth $11,828,000 after purchasing an additional 129,925 shares during the period. WealthPlan Investment Management LLC raised its position in shares of VanEck CLO ETF by 20.0% during the 1st quarter. WealthPlan Investment Management LLC now owns 201,538 shares of the company’s stock worth $10,645,000 after purchasing an additional 33,581 shares during the period. Darwin Wealth Management LLC bought a new stake in shares of VanEck CLO ETF in the 2nd quarter worth approximately $10,260,000. Finally, Assetmark Inc. boosted its position in VanEck CLO ETF by 12.7% during the 3rd quarter. Assetmark Inc. now owns 169,029 shares of the company’s stock valued at $8,965,000 after purchasing an additional 19,015 shares during the period.

VanEck CLO ETF Stock Performance

Shares of CLOI opened at $52.93 on Tuesday. VanEck CLO ETF has a 12 month low of $51.96 and a 12 month high of $53.21. The stock has a fifty day moving average price of $52.91 and a 200 day moving average price of $52.86.

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.