Ferguson Shapiro LLC lessened its position in VanEck CLO ETF (NYSEARCA:CLOI – Free Report) by 19.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 60,747 shares of the company’s stock after selling 14,597 shares during the period. VanEck CLO ETF makes up 1.0% of Ferguson Shapiro LLC’s portfolio, making the stock its 19th biggest position. Ferguson Shapiro LLC’s holdings in VanEck CLO ETF were worth $3,201,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of CLOI. Wells Fargo & Company MN bought a new stake in VanEck CLO ETF in the 4th quarter valued at about $37,000. Raleigh Capital Management Inc. bought a new position in VanEck CLO ETF in the 4th quarter worth about $43,000. NBC Securities Inc. bought a new position in VanEck CLO ETF in the 4th quarter worth about $61,000. Capital Investment Advisory Services LLC bought a new position in VanEck CLO ETF in the 4th quarter worth about $68,000. Finally, Sound Income Strategies LLC acquired a new stake in shares of VanEck CLO ETF in the fourth quarter valued at approximately $100,000.
VanEck CLO ETF Stock Up 0.0%
CLOI opened at $52.95 on Wednesday. The business’s 50 day moving average is $52.84 and its 200-day moving average is $52.80. VanEck CLO ETF has a twelve month low of $52.36 and a twelve month high of $53.15.
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. CLOI was launched on Jun 21, 2022 and is managed by VanEck.
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