Castleview Partners LLC Boosts Holdings in VanEck CLO ETF (NYSEARCA:CLOI)

Castleview Partners LLC raised its position in VanEck CLO ETF (NYSEARCA:CLOI) by 17.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 49,047 shares of the company’s stock after buying an additional 7,374 shares during the period. VanEck CLO ETF accounts for about 1.4% of Castleview Partners LLC’s investment portfolio, making the stock its 10th biggest position. Castleview Partners LLC owned 0.80% of VanEck CLO ETF worth $2,601,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of CLOI. Seed Wealth Management Inc. boosted its holdings in VanEck CLO ETF by 10.7% during the first quarter. Seed Wealth Management Inc. now owns 8,310 shares of the company’s stock worth $437,000 after purchasing an additional 800 shares during the last quarter. Symphony Financial Ltd. Co. bought a new position in shares of VanEck CLO ETF in the 1st quarter valued at about $588,000. TCP Asset Management LLC grew its position in shares of VanEck CLO ETF by 65.2% in the 1st quarter. TCP Asset Management LLC now owns 17,448 shares of the company’s stock valued at $922,000 after acquiring an additional 6,887 shares during the period. PCG Wealth Advisors LLC bought a new position in shares of VanEck CLO ETF in the 1st quarter valued at about $492,000. Finally, WealthPLAN Partners LLC grew its position in shares of VanEck CLO ETF by 5.3% in the 1st quarter. WealthPLAN Partners LLC now owns 144,423 shares of the company’s stock valued at $7,629,000 after acquiring an additional 7,288 shares during the period.

VanEck CLO ETF Stock Performance

Shares of CLOI traded up $0.03 during midday trading on Monday, reaching $52.96. The stock had a trading volume of 12,657 shares, compared to its average volume of 78,326. The firm has a 50 day simple moving average of $52.89 and a 200-day simple moving average of $52.83. VanEck CLO ETF has a one year low of $51.88 and a one year high of $53.14.

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.