Beaumont Financial Advisors LLC Lowers Stock Holdings in VanEck CLO ETF (NYSEARCA:CLOI)

Beaumont Financial Advisors LLC reduced its position in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 1.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 129,389 shares of the company’s stock after selling 1,763 shares during the period. Beaumont Financial Advisors LLC owned about 5.88% of VanEck CLO ETF worth $6,744,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of CLOI. FAS Wealth Partners Inc. boosted its holdings in VanEck CLO ETF by 48.1% in the third quarter. FAS Wealth Partners Inc. now owns 659 shares of the company’s stock valued at $34,000 after purchasing an additional 214 shares during the period. Commonwealth Equity Services LLC purchased a new stake in VanEck CLO ETF during the 3rd quarter worth about $202,000. Lincoln National Corp purchased a new stake in VanEck CLO ETF during the 3rd quarter worth about $205,000. Sheets Smith Wealth Management purchased a new stake in VanEck CLO ETF during the 3rd quarter worth about $209,000. Finally, TRUE Private Wealth Advisors purchased a new stake in VanEck CLO ETF during the 4th quarter worth about $234,000.

VanEck CLO ETF Stock Down 0.0 %

Shares of CLOI traded down $0.01 during midday trading on Friday, reaching $52.70. 146,037 shares of the stock were exchanged, compared to its average volume of 40,065. The business’s 50-day moving average price is $52.59 and its 200 day moving average price is $52.34. VanEck CLO ETF has a twelve month low of $51.24 and a twelve month high of $52.98.

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.