CoreCap Advisors LLC Has $6.63 Million Position in VanEck CLO ETF $CLOI

CoreCap Advisors LLC lifted its position in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 18,981.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 125,174 shares of the company’s stock after buying an additional 124,518 shares during the quarter. CoreCap Advisors LLC’s holdings in VanEck CLO ETF were worth $6,628,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Portside Wealth Group LLC increased its holdings in VanEck CLO ETF by 5.5% in the fourth quarter. Portside Wealth Group LLC now owns 6,593 shares of the company’s stock worth $348,000 after purchasing an additional 345 shares in the last quarter. Quest 10 Wealth Builders Inc. boosted its holdings in shares of VanEck CLO ETF by 8.1% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 4,744 shares of the company’s stock worth $251,000 after buying an additional 354 shares in the last quarter. Mpwm Advisory Solutions LLC boosted its holdings in shares of VanEck CLO ETF by 0.7% during the 3rd quarter. Mpwm Advisory Solutions LLC now owns 52,784 shares of the company’s stock worth $2,803,000 after buying an additional 365 shares in the last quarter. Fifth Third Bancorp acquired a new stake in shares of VanEck CLO ETF during the 1st quarter worth approximately $32,000. Finally, FAS Wealth Partners Inc. grew its position in shares of VanEck CLO ETF by 38.8% during the 1st quarter. FAS Wealth Partners Inc. now owns 2,389 shares of the company’s stock worth $126,000 after buying an additional 668 shares during the period.

VanEck CLO ETF Trading Up 0.0%

NYSEARCA:CLOI opened at $52.75 on Wednesday. The company has a fifty day moving average of $52.86 and a 200-day moving average of $52.79. 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.