Perennial Investment Advisors LLC cut its position in shares of VanEck CLO ETF (NYSEARCA:CLOI – Free Report) by 34.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,807 shares of the company’s stock after selling 3,580 shares during the quarter. Perennial Investment Advisors LLC owned about 0.11% of VanEck CLO ETF worth $360,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Orion Portfolio Solutions LLC bought a new stake in shares of VanEck CLO ETF during the 4th quarter valued at $37,237,000. Gradient Investments LLC lifted its position in VanEck CLO ETF by 139.0% during the 2nd quarter. Gradient Investments LLC now owns 223,416 shares of the company’s stock valued at $11,828,000 after acquiring an additional 129,925 shares during the period. WealthPlan Investment Management LLC boosted its stake in VanEck CLO ETF by 20.0% during the first quarter. WealthPlan Investment Management LLC now owns 201,538 shares of the company’s stock worth $10,645,000 after acquiring an additional 33,581 shares in the last quarter. Darwin Wealth Management LLC bought a new stake in VanEck CLO ETF during the second quarter worth about $10,260,000. Finally, WealthPLAN Partners LLC grew its holdings in VanEck CLO ETF by 2.3% in the second quarter. WealthPLAN Partners LLC now owns 147,741 shares of the company’s stock worth $7,821,000 after purchasing an additional 3,318 shares during the period.
VanEck CLO ETF Trading Up 0.1 %
CLOI stock opened at $52.93 on Wednesday. VanEck CLO ETF has a 52-week low of $51.88 and a 52-week high of $53.03. The firm has a 50 day moving average price of $52.86 and a 200-day moving average price of $52.78.
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.
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