Richmond Investment Services LLC Sells 13,277 Shares of VanEck CLO ETF $CLOI

Richmond Investment Services LLC decreased its position in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 24.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,264 shares of the company’s stock after selling 13,277 shares during the period. Richmond Investment Services LLC’s holdings in VanEck CLO ETF were worth $2,175,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. WealthPLAN Partners LLC lifted its position in shares of VanEck CLO ETF by 1.5% in the first quarter. WealthPLAN Partners LLC now owns 161,642 shares of the company’s stock worth $8,519,000 after buying an additional 2,458 shares in the last quarter. Private Advisor Group LLC grew its holdings in VanEck CLO ETF by 44.9% during the 1st quarter. Private Advisor Group LLC now owns 44,063 shares of the company’s stock valued at $2,322,000 after buying an additional 13,645 shares in the last quarter. Elevation Point Wealth Partners LLC increased its stake in VanEck CLO ETF by 13.5% in the 1st quarter. Elevation Point Wealth Partners LLC now owns 31,136 shares of the company’s stock worth $1,641,000 after acquiring an additional 3,714 shares during the last quarter. Impact Partnership Wealth LLC increased its stake in VanEck CLO ETF by 21.9% in the 1st quarter. Impact Partnership Wealth LLC now owns 37,083 shares of the company’s stock worth $1,954,000 after acquiring an additional 6,668 shares during the last quarter. Finally, BXM Wealth LLC purchased a new stake in shares of VanEck CLO ETF during the 1st quarter worth approximately $262,000.

VanEck CLO ETF Trading Up 0.1%

NYSEARCA CLOI opened at $52.81 on Wednesday. VanEck CLO ETF has a one year low of $52.36 and a one year high of $53.15. The stock has a 50 day moving average price of $52.85 and a 200-day moving average price of $52.79.

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. CLOI was launched on Jun 21, 2022 and is managed by VanEck.