M Holdings Securities Inc. Buys 13,211 Shares of VanEck CLO ETF $CLOI

M Holdings Securities Inc. purchased a new stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) in the third quarter, Holdings Channel reports. The firm purchased 13,211 shares of the company’s stock, valued at approximately $698,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Investment Advisors LLC purchased a new position in VanEck CLO ETF during the 3rd quarter valued at $100,933,000. Gradient Investments LLC bought a new position in shares of VanEck CLO ETF during the third quarter valued at approximately $14,470,000. Fusion Capital LLC increased its position in VanEck CLO ETF by 502.8% during the 3rd quarter. Fusion Capital LLC now owns 204,094 shares of the company’s stock valued at $10,811,000 after buying an additional 170,239 shares in the last quarter. Sax Wealth Advisors LLC increased its holdings in shares of VanEck CLO ETF by 40.3% during the third quarter. Sax Wealth Advisors LLC now owns 562,168 shares of the company’s stock valued at $29,778,000 after acquiring an additional 161,469 shares in the last quarter. Finally, Alpha Zero LLC bought a new stake in VanEck CLO ETF during the 1st quarter valued at about $8,341,000.

VanEck CLO ETF Stock Performance

Shares of NYSEARCA CLOI opened at $52.85 on Wednesday. VanEck CLO ETF has a twelve month low of $52.36 and a twelve month high of $53.07. The company has a 50 day moving average of $52.87 and a 200 day moving average of $52.82.

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.