30,245 Shares in VanEck CLO ETF (NYSEARCA:CLOI) Purchased by SFG Wealth Management LLC.

SFG Wealth Management LLC. purchased a new position in VanEck CLO ETF (NYSEARCA:CLOI) during the third quarter, HoldingsChannel reports. The fund purchased 30,245 shares of the company’s stock, valued at approximately $1,604,000. VanEck CLO ETF accounts for approximately 0.9% of SFG Wealth Management LLC.’s portfolio, making the stock its 23rd biggest holding.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Private Advisor Group LLC raised its position in shares of VanEck CLO ETF by 36.8% during the third quarter. Private Advisor Group LLC now owns 13,879 shares of the company’s stock valued at $736,000 after buying an additional 3,735 shares during the last quarter. Gradient Investments LLC grew its stake in VanEck CLO ETF by 139.0% during the second quarter. Gradient Investments LLC now owns 223,416 shares of the company’s stock valued at $11,828,000 after acquiring an additional 129,925 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in VanEck CLO ETF by 156.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 69,298 shares of the company’s stock valued at $3,669,000 after acquiring an additional 42,296 shares during the last quarter. WealthPLAN Partners LLC lifted its stake in VanEck CLO ETF by 5.3% in the 1st quarter. WealthPLAN Partners LLC now owns 144,423 shares of the company’s stock worth $7,629,000 after purchasing an additional 7,288 shares in the last quarter. Finally, Atria Wealth Solutions Inc. purchased a new stake in VanEck CLO ETF in the 2nd quarter worth $1,413,000.

VanEck CLO ETF Trading Up 0.1 %

Shares of VanEck CLO ETF stock traded up $0.05 during trading on Friday, reaching $52.94. 61,131 shares of the stock traded hands, compared to its average volume of 82,440. VanEck CLO ETF has a 52-week low of $51.88 and a 52-week high of $53.21. The business has a fifty day simple moving average of $52.91 and a two-hundred day simple moving average of $52.86.

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.