LifeWealth Investments LLC Cuts Holdings in VanEck CLO ETF $CLOI

LifeWealth Investments LLC decreased its position in VanEck CLO ETF (NYSEARCA:CLOI) by 6.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,588 shares of the company’s stock after selling 392 shares during the period. LifeWealth Investments LLC’s holdings in VanEck CLO ETF were worth $296,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CLOI. Cambridge Investment Research Advisors Inc. increased its holdings in VanEck CLO ETF by 428.2% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 99,916 shares of the company’s stock valued at $5,280,000 after buying an additional 80,999 shares in the last quarter. CWC Advisors LLC. purchased a new position in VanEck CLO ETF in the first quarter valued at $6,587,000. K.J. Harrison & Partners Inc purchased a new position in VanEck CLO ETF in the first quarter valued at $342,000. Trademark Financial Management LLC increased its holdings in VanEck CLO ETF by 26.1% in the first quarter. Trademark Financial Management LLC now owns 88,927 shares of the company’s stock valued at $4,699,000 after buying an additional 18,404 shares in the last quarter. Finally, Deseret Mutual Benefit Administrators increased its holdings in VanEck CLO ETF by 125.6% in the first quarter. Deseret Mutual Benefit Administrators now owns 171,701 shares of the company’s stock valued at $9,073,000 after buying an additional 95,587 shares in the last quarter.

VanEck CLO ETF Price Performance

CLOI stock opened at $52.97 on Friday. The firm has a 50-day simple moving average of $52.96 and a 200-day simple moving average of $52.82. VanEck CLO ETF has a 52 week low of $50.12 and a 52 week 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.