358,318 Shares in VanEck CLO ETF $CLOI Purchased by IAG Wealth Partners LLC

IAG Wealth Partners LLC purchased a new position in shares of VanEck CLO ETF (NYSEARCA:CLOI) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 358,318 shares of the company’s stock, valued at approximately $18,980,000. VanEck CLO ETF comprises 1.8% of IAG Wealth Partners LLC’s investment portfolio, making the stock its 22nd largest holding. IAG Wealth Partners LLC owned 1.05% of VanEck CLO ETF at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of CLOI. Capital Investment Advisors LLC acquired a new position in shares of VanEck CLO ETF in the 3rd quarter valued at $100,933,000. Sax Wealth Advisors LLC raised its position in shares of VanEck CLO ETF by 40.3% in the 3rd quarter. Sax Wealth Advisors LLC now owns 562,168 shares of the company’s stock worth $29,778,000 after buying an additional 161,469 shares during the period. Gradient Investments LLC raised its position in shares of VanEck CLO ETF by 2.6% in the 2nd quarter. Gradient Investments LLC now owns 275,289 shares of the company’s stock worth $14,577,000 after buying an additional 6,992 shares during the period. Beaumont Financial Advisors LLC raised its position in shares of VanEck CLO ETF by 2.9% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 261,852 shares of the company’s stock worth $13,870,000 after buying an additional 7,360 shares during the period. Finally, Integras Partners LLC boosted its holdings in VanEck CLO ETF by 4.6% in the third quarter. Integras Partners LLC now owns 205,508 shares of the company’s stock valued at $10,886,000 after acquiring an additional 9,041 shares during the last quarter.

VanEck CLO ETF Stock Performance

Shares of NYSEARCA:CLOI opened at $52.86 on Friday. The business has a 50-day moving average of $52.88 and a two-hundred day moving average of $52.82. VanEck CLO ETF has a 12 month low of $52.36 and a 12 month high of $53.07.

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. CLOI was launched on Jun 21, 2022 and is managed by VanEck.