86,104 Shares of VanEck CLO ETF $CLOI Acquired by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC acquired a new stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 86,104 shares of the company’s stock, valued at approximately $4,561,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Capital Investment Advisors LLC purchased a new position in VanEck CLO ETF in the third quarter worth about $100,933,000. Independence Asset Advisors LLC grew its holdings in shares of 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 valued at $98,203,000 after buying an additional 273,532 shares during the last quarter. Sax Wealth Advisors LLC grew its holdings in shares of VanEck CLO ETF by 40.3% during the third quarter. Sax Wealth Advisors LLC now owns 562,168 shares of the company’s stock valued at $29,778,000 after buying an additional 161,469 shares during the last quarter. Gradient Investments LLC grew its holdings in shares of VanEck CLO ETF by 2.6% during the second quarter. Gradient Investments LLC now owns 275,289 shares of the company’s stock valued at $14,577,000 after buying an additional 6,992 shares during the last quarter. Finally, Beaumont Financial Advisors LLC increased its position in shares of VanEck CLO ETF by 2.9% during the third quarter. Beaumont Financial Advisors LLC now owns 261,852 shares of the company’s stock valued at $13,870,000 after acquiring an additional 7,360 shares in the last quarter.

VanEck CLO ETF Price Performance

Shares of CLOI opened at $52.94 on Tuesday. VanEck CLO ETF has a twelve month low of $52.36 and a twelve month high of $53.10. The firm has a 50 day moving average of $52.89 and a 200 day moving average of $52.82.

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.