Orion Portfolio Solutions LLC Sells 14,306 Shares of VanEck CLO ETF (NYSEARCA:CLOI)

Orion Portfolio Solutions LLC lessened its stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 2.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 662,997 shares of the company’s stock after selling 14,306 shares during the quarter. Orion Portfolio Solutions LLC owned approximately 10.87% of VanEck CLO ETF worth $34,986,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. FSA Wealth Management LLC bought a new stake in VanEck CLO ETF during the third quarter valued at about $53,000. Kiker Wealth Management LLC bought a new stake in shares of VanEck CLO ETF in the 4th quarter valued at about $73,000. Continuum Advisory LLC bought a new stake in shares of VanEck CLO ETF in the 3rd quarter valued at about $131,000. Centaurus Financial Inc. purchased a new position in shares of VanEck CLO ETF in the 3rd quarter worth approximately $136,000. Finally, B. Riley Wealth Advisors Inc. bought a new position in shares of VanEck CLO ETF during the 3rd quarter worth approximately $205,000.

VanEck CLO ETF Price Performance

NYSEARCA:CLOI opened at $52.82 on Friday. The firm has a 50 day moving average of $52.98 and a 200 day moving average of $52.96. VanEck CLO ETF has a 52 week low of $52.51 and a 52 week high of $53.21.

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.