HighTower Advisors LLC purchased a new position in VanEck CLO ETF (NYSEARCA:CLOI – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 231,307 shares of the company’s stock, valued at approximately $12,206,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Redhawk Wealth Advisors Inc. purchased a new stake in shares of VanEck CLO ETF in the fourth quarter worth approximately $49,816,000. Capital Investment Advisors LLC raised its stake in shares of VanEck CLO ETF by 53.2% in the fourth quarter. Capital Investment Advisors LLC now owns 926,487 shares of the company’s stock worth $48,891,000 after purchasing an additional 321,765 shares during the last quarter. Brookstone Capital Management purchased a new stake in shares of VanEck CLO ETF in the fourth quarter worth approximately $12,051,000. TRUE Private Wealth Advisors raised its stake in shares of VanEck CLO ETF by 229.4% in the third quarter. TRUE Private Wealth Advisors now owns 157,868 shares of the company’s stock worth $8,373,000 after purchasing an additional 109,947 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators purchased a new stake in shares of VanEck CLO ETF in the fourth quarter worth approximately $4,017,000.
VanEck CLO ETF Price Performance
Shares of VanEck CLO ETF stock opened at $52.86 on Monday. The business has a 50 day moving average price of $52.99 and a 200-day moving average price of $52.96. VanEck CLO ETF has a 52 week low of $52.51 and a 52 week 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.
Featured Stories
- Five stocks we like better than VanEck CLO ETF
- What is the Shanghai Stock Exchange Composite Index?
- How to Build the Ultimate Everything ETF Portfolio
- 3 Stocks to Consider Buying in October
- Dutch Bros or Starbucks: Which Coffee Stock Has More Growth?
- Retail Stocks Investing, Explained
- 3 Stocks With High ROE and Market-Beating Growth Potential
Want to see what other hedge funds are holding CLOI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck CLO ETF (NYSEARCA:CLOI – Free Report).
Receive News & Ratings for VanEck CLO ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck CLO ETF and related companies with MarketBeat.com's FREE daily email newsletter.
