12,449 Shares in VanEck CLO ETF $CLOI Bought by Compass Financial Management LLC

Compass Financial Management LLC bought a new position in VanEck CLO ETF (NYSEARCA:CLOI) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 12,449 shares of the company’s stock, valued at approximately $659,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Financial Management Network Inc. increased its holdings in shares of VanEck CLO ETF by 23.2% in the 1st quarter. Financial Management Network Inc. now owns 129,560 shares of the company’s stock worth $6,807,000 after acquiring an additional 24,372 shares during the period. Employees Retirement Fund of the City of Fort Worth acquired a new position in VanEck CLO ETF during the 4th quarter valued at about $11,967,000. Kestra Private Wealth Services LLC grew its position in VanEck CLO ETF by 28.1% in the 1st quarter. Kestra Private Wealth Services LLC now owns 102,809 shares of the company’s stock worth $5,418,000 after purchasing an additional 22,525 shares during the last quarter. Diversified Portfolios Inc. acquired a new stake in shares of VanEck CLO ETF in the fourth quarter valued at approximately $5,429,000. Finally, Private Advisor Group LLC increased its stake in shares of VanEck CLO ETF by 44.9% in the first quarter. Private Advisor Group LLC now owns 44,063 shares of the company’s stock valued at $2,322,000 after purchasing an additional 13,645 shares during the period.

VanEck CLO ETF Price Performance

CLOI opened at $52.92 on Monday. The business’s 50 day moving average is $52.87 and its 200-day moving average is $52.78. 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.