Kiker Wealth Management LLC Makes New Investment in VanEck CLO ETF (NYSEARCA:CLOI)

Kiker Wealth Management LLC acquired a new stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 1,377 shares of the company’s stock, valued at approximately $73,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Trustmark National Bank Trust Department lifted its holdings in VanEck CLO ETF by 22.6% during the 3rd quarter. Trustmark National Bank Trust Department now owns 8,938 shares of the company’s stock valued at $474,000 after purchasing an additional 1,650 shares during the last quarter. Allen Capital Group LLC raised its stake in shares of VanEck CLO ETF by 120.2% in the third quarter. Allen Capital Group LLC now owns 27,445 shares of the company’s stock valued at $1,456,000 after acquiring an additional 14,981 shares during the last quarter. WESPAC Advisors LLC raised its stake in shares of VanEck CLO ETF by 2.9% in the third quarter. WESPAC Advisors LLC now owns 54,474 shares of the company’s stock valued at $2,889,000 after acquiring an additional 1,512 shares during the last quarter. Centaurus Financial Inc. acquired a new position in shares of VanEck CLO ETF in the 3rd quarter worth approximately $136,000. Finally, Freedom Investment Management Inc. grew its position in VanEck CLO ETF by 4.1% during the 3rd quarter. Freedom Investment Management Inc. now owns 20,468 shares of the company’s stock worth $1,086,000 after acquiring an additional 815 shares during the last quarter.

VanEck CLO ETF Trading Down 0.2 %

Shares of CLOI opened at $52.81 on Friday. The stock has a fifty day moving average price of $52.99 and a two-hundred day moving average price 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 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.