OneAscent Financial Services LLC Purchases 58,677 Shares of VanEck CLO ETF $CLOI

OneAscent Financial Services LLC grew its position in VanEck CLO ETF (NYSEARCA:CLOI) by 78.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 133,546 shares of the company’s stock after purchasing an additional 58,677 shares during the quarter. VanEck CLO ETF makes up approximately 0.6% of OneAscent Financial Services LLC’s portfolio, making the stock its 24th largest holding. OneAscent Financial Services LLC’s holdings in VanEck CLO ETF were worth $7,053,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of CLOI. NewEdge Advisors LLC raised its position in shares of VanEck CLO ETF by 264.4% in the first quarter. NewEdge Advisors LLC now owns 19,673 shares of the company’s stock valued at $1,040,000 after purchasing an additional 14,275 shares during the period. Cresset Asset Management LLC acquired a new stake in shares of VanEck CLO ETF in the second quarter worth $619,000. Quantinno Capital Management LP acquired a new stake in shares of VanEck CLO ETF in the second quarter worth $400,000. Darwin Wealth Management LLC acquired a new stake in shares of VanEck CLO ETF in the second quarter worth $13,048,000. Finally, Curi Capital LLC grew its stake in shares of VanEck CLO ETF by 2.0% in the second quarter. Curi Capital LLC now owns 165,842 shares of the company’s stock worth $8,781,000 after acquiring an additional 3,185 shares during the last quarter.

VanEck CLO ETF Stock Performance

Shares of VanEck CLO ETF stock opened at $52.79 on Friday. The company’s fifty day simple moving average is $52.74 and its 200-day simple moving average is $52.80. VanEck CLO ETF has a 1 year low of $52.36 and a 1 year 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.