TRUE Private Wealth Advisors Buys New Holdings in VanEck CLO ETF (NYSEARCA:CLOI)

TRUE Private Wealth Advisors bought a new stake in VanEck CLO ETF (NYSEARCA:CLOI) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 4,486 shares of the company’s stock, valued at approximately $234,000.

Several other hedge funds have also recently added to or reduced their stakes in CLOI. Jane Street Group LLC purchased a new position in VanEck CLO ETF in the second quarter valued at approximately $14,797,000. LPL Financial LLC increased its stake in VanEck CLO ETF by 386.2% in the third quarter. LPL Financial LLC now owns 264,388 shares of the company’s stock valued at $13,790,000 after purchasing an additional 210,005 shares during the last quarter. WealthPlan Investment Management LLC increased its stake in VanEck CLO ETF by 5.1% in the fourth quarter. WealthPlan Investment Management LLC now owns 167,957 shares of the company’s stock valued at $8,755,000 after purchasing an additional 8,220 shares during the last quarter. WealthPLAN Partners LLC increased its stake in VanEck CLO ETF by 33.6% in the fourth quarter. WealthPLAN Partners LLC now owns 137,135 shares of the company’s stock valued at $7,148,000 after purchasing an additional 34,473 shares during the last quarter. Finally, VitalStone Financial LLC purchased a new position in VanEck CLO ETF in the third quarter valued at approximately $3,885,000.

VanEck CLO ETF Trading Down 0.2 %

Shares of VanEck CLO ETF stock opened at $52.71 on Friday. VanEck CLO ETF has a 52 week low of $51.24 and a 52 week high of $52.98. The firm’s 50 day moving average is $52.59 and its two-hundred day moving average is $52.34.

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.