170,239 VanEck CLO ETF $CLOI Shares Acquired by Fusion Capital LLC

Fusion Capital LLC increased its holdings in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 502.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 204,094 shares of the company’s stock after acquiring an additional 170,239 shares during the period. VanEck CLO ETF comprises 2.4% of Fusion Capital LLC’s portfolio, making the stock its 19th biggest position. Fusion Capital LLC owned about 0.61% of VanEck CLO ETF worth $10,811,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in CLOI. Capital Investment Advisors LLC bought a new position in shares of VanEck CLO ETF during the 3rd quarter worth approximately $100,933,000. Sax Wealth Advisors LLC raised its stake in shares of VanEck CLO ETF by 40.3% during the 3rd 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 raised its position in 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 acquiring an additional 6,992 shares in the last quarter. Beaumont Financial Advisors LLC increased its holdings in shares of VanEck CLO ETF by 2.9% during the 3rd quarter. Beaumont Financial Advisors LLC now owns 261,852 shares of the company’s stock valued at $13,870,000 after purchasing an additional 7,360 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in shares of VanEck CLO ETF by 24.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 195,715 shares of the company’s stock valued at $10,314,000 after purchasing an additional 38,797 shares during the period.

VanEck CLO ETF Price Performance

Shares of NYSEARCA CLOI opened at $52.98 on Friday. VanEck CLO ETF has a 1 year low of $52.36 and a 1 year high of $53.10. The company’s fifty day moving average price is $52.89 and its 200 day moving average price is $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.