LPL Financial LLC Grows Holdings in VanEck CLO ETF (NYSEARCA:CLOI)

LPL Financial LLC boosted its holdings in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 19.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 855,783 shares of the company’s stock after purchasing an additional 141,573 shares during the period. LPL Financial LLC owned approximately 14.03% of VanEck CLO ETF worth $45,160,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. FSA Wealth Management LLC purchased a new stake in VanEck CLO ETF during the 3rd quarter valued at approximately $53,000. Kiker Wealth Management LLC acquired a new stake in shares of VanEck CLO ETF during the fourth quarter worth $73,000. Continuum Advisory LLC purchased a new position in VanEck CLO ETF in the 3rd quarter valued at $131,000. Centaurus Financial Inc. acquired a new position in VanEck CLO ETF in the 3rd quarter valued at $136,000. Finally, B. Riley Wealth Advisors Inc. purchased a new position in VanEck CLO ETF during the 3rd quarter worth $205,000.

VanEck CLO ETF Stock Up 0.2 %

Shares of NYSEARCA:CLOI opened at $52.82 on Friday. VanEck CLO ETF has a fifty-two week low of $52.51 and a fifty-two week high of $53.21. The firm’s 50-day simple moving average is $52.98 and its 200-day simple moving average is $52.96.

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.