MONECO Advisors LLC Purchases Shares of 5,934 VanEck CLO ETF (NYSEARCA:CLOI)

MONECO Advisors LLC purchased a new position in shares of VanEck CLO ETF (NYSEARCA:CLOI) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 5,934 shares of the company’s stock, valued at approximately $313,000. MONECO Advisors LLC owned approximately 0.10% of VanEck CLO ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in CLOI. Private Advisor Group LLC lifted its position in shares of VanEck CLO ETF by 36.8% in the 3rd quarter. Private Advisor Group LLC now owns 13,879 shares of the company’s stock worth $736,000 after buying an additional 3,735 shares during the last quarter. Black Swift Group LLC grew its stake in shares of VanEck CLO ETF by 19.5% in the third quarter. Black Swift Group LLC now owns 38,977 shares of the company’s stock worth $2,067,000 after purchasing an additional 6,350 shares in the last quarter. Arkadios Wealth Advisors increased its stake in VanEck CLO ETF by 29.8% during the 4th quarter. Arkadios Wealth Advisors now owns 7,439 shares of the company’s stock valued at $393,000 after buying an additional 1,708 shares during the period. Geneos Wealth Management Inc. bought a new stake in VanEck CLO ETF during the fourth quarter worth approximately $506,000. Finally, Beaumont Financial Advisors LLC lifted its holdings in shares of VanEck CLO ETF by 50.9% in the fourth quarter. Beaumont Financial Advisors LLC now owns 214,635 shares of the company’s stock valued at $11,326,000 after buying an additional 72,356 shares during the period.

VanEck CLO ETF Price Performance

CLOI stock opened at $53.07 on Tuesday. The firm has a 50 day simple moving average of $52.99 and a 200 day simple moving average of $52.95. VanEck CLO ETF has a 12 month low of $52.33 and a 12 month high of $53.21.

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.