VanEck CLO ETF (NYSEARCA:CLOI – Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 170,779 shares traded hands during mid-day trading, a decline of 22% from the previous session’s volume of 218,677 shares.The stock last traded at $52.94 and had previously closed at $52.92.
VanEck CLO ETF Trading Up 0.0%
The stock has a 50-day moving average price of $52.83 and a 200 day moving average price of $52.80.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Trivium Point Advisory LLC raised its holdings in shares of VanEck CLO ETF by 1.7% during the third quarter. Trivium Point Advisory LLC now owns 16,644 shares of the company’s stock worth $884,000 after acquiring an additional 273 shares during the period. Wayfinding Financial LLC increased its holdings in VanEck CLO ETF by 0.6% during the 3rd quarter. Wayfinding Financial LLC now owns 54,820 shares of the company’s stock worth $2,910,000 after purchasing an additional 316 shares in the last quarter. Portside Wealth Group LLC increased its holdings in VanEck CLO ETF by 5.5% during the 4th quarter. Portside Wealth Group LLC now owns 6,593 shares of the company’s stock worth $348,000 after purchasing an additional 345 shares in the last quarter. Quest 10 Wealth Builders Inc. raised its stake in shares of VanEck CLO ETF by 8.1% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 4,744 shares of the company’s stock valued at $251,000 after purchasing an additional 354 shares during the period. Finally, Mpwm Advisory Solutions LLC raised its stake in shares of VanEck CLO ETF by 0.7% in the 3rd quarter. Mpwm Advisory Solutions LLC now owns 52,784 shares of the company’s stock valued at $2,803,000 after purchasing an additional 365 shares during the period.
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. CLOI was launched on Jun 21, 2022 and is managed by VanEck.
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