Kestra Private Wealth Services LLC Purchases 18,605 Shares of VanEck CLO ETF $CLOI

Kestra Private Wealth Services LLC lifted its position in VanEck CLO ETF (NYSEARCA:CLOI) by 30.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 80,284 shares of the company’s stock after acquiring an additional 18,605 shares during the period. Kestra Private Wealth Services LLC’s holdings in VanEck CLO ETF were worth $4,240,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Independence Asset Advisors LLC raised its holdings in VanEck CLO ETF by 43.0% in the third quarter. Independence Asset Advisors LLC now owns 1,572,716 shares of the company’s stock worth $83,507,000 after purchasing an additional 473,096 shares in the last quarter. Capital Investment Advisors LLC raised its holdings in VanEck CLO ETF by 9.0% in the fourth quarter. Capital Investment Advisors LLC now owns 1,563,732 shares of the company’s stock worth $82,581,000 after purchasing an additional 129,592 shares in the last quarter. Sax Wealth Advisors LLC raised its holdings in VanEck CLO ETF by 36.2% in the fourth quarter. Sax Wealth Advisors LLC now owns 362,439 shares of the company’s stock worth $19,140,000 after purchasing an additional 96,310 shares in the last quarter. WealthPlan Investment Management LLC raised its holdings in VanEck CLO ETF by 3.6% in the third quarter. WealthPlan Investment Management LLC now owns 323,776 shares of the company’s stock worth $17,193,000 after purchasing an additional 11,305 shares in the last quarter. Finally, HighTower Advisors LLC raised its holdings in VanEck CLO ETF by 4.2% in the third quarter. HighTower Advisors LLC now owns 314,332 shares of the company’s stock worth $16,691,000 after purchasing an additional 12,619 shares in the last quarter.

VanEck CLO ETF Trading Up 0.1%

CLOI opened at $52.82 on Wednesday. The stock has a fifty day simple moving average of $52.65 and a two-hundred day simple moving average of $52.82. VanEck CLO ETF has a 12-month low of $52.36 and a 12-month high of $53.15.

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.