Boyce & Associates Wealth Consulting Inc. Buys 95,362 Shares of VanEck CLO ETF $CLOI

Boyce & Associates Wealth Consulting Inc. bought a new position in shares of VanEck CLO ETF (NYSEARCA:CLOI) in the third quarter, Holdings Channel reports. The institutional investor bought 95,362 shares of the company’s stock, valued at approximately $5,051,000. VanEck CLO ETF accounts for approximately 3.1% of Boyce & Associates Wealth Consulting Inc.’s investment portfolio, making the stock its 13th largest position.

Several other institutional investors have also recently added to or reduced their stakes in the company. Independence Asset Advisors LLC grew its stake in VanEck CLO ETF by 17.2% during the first quarter. Independence Asset Advisors LLC now owns 1,863,451 shares of the company’s stock worth $98,203,000 after buying an additional 273,532 shares during the last quarter. Sax Wealth Advisors LLC increased its holdings in VanEck CLO ETF by 40.3% during the 3rd quarter. Sax Wealth Advisors LLC now owns 562,168 shares of the company’s stock valued at $29,778,000 after purchasing an additional 161,469 shares in the last quarter. Gradient Investments LLC increased its holdings in VanEck CLO ETF by 2.6% during the 2nd quarter. Gradient Investments LLC now owns 275,289 shares of the company’s stock valued at $14,577,000 after purchasing an additional 6,992 shares in the last quarter. Axxcess Wealth Management LLC acquired a new stake in VanEck CLO ETF during the 4th quarter valued at $13,501,000. Finally, Beaumont Financial Advisors LLC raised its position in VanEck CLO ETF by 8.5% in the 1st quarter. Beaumont Financial Advisors LLC now owns 223,533 shares of the company’s stock valued at $11,780,000 after purchasing an additional 17,587 shares during the last quarter.

VanEck CLO ETF Price Performance

VanEck CLO ETF stock opened at $52.85 on Wednesday. The business’s fifty day moving average is $52.88 and its two-hundred day moving average is $52.82. VanEck CLO ETF has a 52 week low of $52.36 and a 52 week high of $53.10.

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.