NorthRock Partners LLC bought a new position in shares of VanEck CLO ETF (NYSEARCA:CLOI – Free Report) in the fourth quarter, HoldingsChannel reports. The firm bought 4,433 shares of the company’s stock, valued at approximately $234,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. LPL Financial LLC boosted its position in shares of VanEck CLO ETF by 19.8% during the fourth quarter. LPL Financial LLC now owns 855,783 shares of the company’s stock worth $45,160,000 after acquiring an additional 141,573 shares during the last quarter. Syon Capital LLC boosted its position in shares of VanEck CLO ETF by 135.2% during the fourth quarter. Syon Capital LLC now owns 792,110 shares of the company’s stock worth $41,800,000 after acquiring an additional 455,307 shares during the last quarter. Gradient Investments LLC boosted its position in shares of VanEck CLO ETF by 6.8% during the fourth quarter. Gradient Investments LLC now owns 258,662 shares of the company’s stock worth $13,650,000 after acquiring an additional 16,472 shares during the last quarter. HighTower Advisors LLC bought a new position in shares of VanEck CLO ETF during the fourth quarter worth $12,206,000. Finally, Beaumont Financial Advisors LLC boosted its position in shares of VanEck CLO ETF by 50.9% during the fourth quarter. Beaumont Financial Advisors LLC now owns 214,635 shares of the company’s stock worth $11,326,000 after acquiring an additional 72,356 shares during the last quarter.
VanEck CLO ETF Stock Performance
Shares of NYSEARCA:CLOI opened at $52.86 on Friday. The firm has a fifty day moving average price of $52.54 and a 200 day moving average price of $52.83. VanEck CLO ETF has a fifty-two week low of $50.12 and a fifty-two 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.
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