Perennial Investment Advisors LLC Grows Stock Position in VanEck CLO ETF (NYSEARCA:CLOI)

Perennial Investment Advisors LLC raised its position in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 25.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,826 shares of the company’s stock after acquiring an additional 1,175 shares during the period. Perennial Investment Advisors LLC owned approximately 0.10% of VanEck CLO ETF worth $307,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in CLOI. Arkadios Wealth Advisors raised its position in VanEck CLO ETF by 29.8% in the 4th quarter. Arkadios Wealth Advisors now owns 7,439 shares of the company’s stock worth $393,000 after purchasing an additional 1,708 shares during the period. Geneos Wealth Management Inc. bought a new stake in shares of VanEck CLO ETF during the 4th quarter worth approximately $506,000. Beaumont Financial Advisors LLC boosted its holdings in VanEck CLO ETF by 50.9% during the 4th quarter. Beaumont Financial Advisors LLC now owns 214,635 shares of the company’s stock valued at $11,326,000 after acquiring an additional 72,356 shares during the period. Lowe Wealth Advisors LLC grew its position in VanEck CLO ETF by 3,588.5% in the 4th quarter. Lowe Wealth Advisors LLC now owns 4,832 shares of the company’s stock valued at $255,000 after acquiring an additional 4,701 shares during the last quarter. Finally, Arete Wealth Advisors LLC increased its stake in VanEck CLO ETF by 44.3% in the third quarter. Arete Wealth Advisors LLC now owns 19,162 shares of the company’s stock worth $1,016,000 after purchasing an additional 5,880 shares during the period.

VanEck CLO ETF Price Performance

Shares of CLOI opened at $51.16 on Monday. VanEck CLO ETF has a 12-month low of $50.12 and a 12-month high of $53.21. The firm has a fifty day moving average price of $52.91 and a 200-day moving average price of $52.94.

VanEck CLO ETF 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.