Kestra Advisory Services LLC Has $3.69 Million Position in VanEck CLO ETF $CLOI

Kestra Advisory Services LLC grew its position in VanEck CLO ETF (NYSEARCA:CLOI) by 3,328.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 69,938 shares of the company’s stock after buying an additional 67,898 shares during the period. Kestra Advisory Services LLC’s holdings in VanEck CLO ETF were worth $3,686,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Portside Wealth Group LLC raised its position in shares of VanEck CLO ETF by 5.5% during the 4th quarter. Portside Wealth Group LLC now owns 6,593 shares of the company’s stock valued at $348,000 after acquiring an additional 345 shares during the last quarter. Quest 10 Wealth Builders Inc. increased its stake in shares of VanEck CLO ETF by 8.1% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 4,744 shares of the company’s stock valued at $251,000 after acquiring an additional 354 shares during the last quarter. Mpwm Advisory Solutions LLC increased its stake in shares of VanEck CLO ETF by 0.7% in the 3rd quarter. Mpwm Advisory Solutions LLC now owns 52,784 shares of the company’s stock valued at $2,803,000 after acquiring an additional 365 shares during the last quarter. Wells Fargo & Company MN acquired a new stake in VanEck CLO ETF in the fourth quarter worth $37,000. Finally, Trademark Financial Management LLC raised its stake in VanEck CLO ETF by 0.9% during the 4th quarter. Trademark Financial Management LLC now owns 91,646 shares of the company’s stock worth $4,840,000 after buying an additional 790 shares during the period.

VanEck CLO ETF Stock Up 0.1%

NYSEARCA CLOI opened at $52.90 on Friday. The stock’s 50-day moving average is $52.86 and its 200-day moving average is $52.78. VanEck CLO ETF has a one year low of $52.36 and a one year high of $53.15.

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