Raleigh Capital Management Inc. Buys New Shares in VanEck CLO ETF (NYSEARCA:CLOI)

Raleigh Capital Management Inc. purchased a new position in VanEck CLO ETF (NYSEARCA:CLOI) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,186 shares of the company’s stock, valued at approximately $116,000.

Several other institutional investors have also recently made changes to their positions in CLOI. Castleview Partners LLC boosted its stake in VanEck CLO ETF by 17.7% in the 3rd quarter. Castleview Partners LLC now owns 49,047 shares of the company’s stock worth $2,601,000 after purchasing an additional 7,374 shares during the period. Capital Investment Advisors LLC purchased a new position in VanEck CLO ETF during the 3rd quarter valued at $32,074,000. PCG Wealth Advisors LLC grew its holdings in shares of VanEck CLO ETF by 129.2% in the third quarter. PCG Wealth Advisors LLC now owns 37,444 shares of the company’s stock worth $1,986,000 after purchasing an additional 21,106 shares during the last quarter. Sentinel Pension Advisors Inc. grew its stake in VanEck CLO ETF by 1.7% in the 3rd quarter. Sentinel Pension Advisors Inc. now owns 12,112 shares of the company’s stock worth $642,000 after acquiring an additional 206 shares in the last quarter. Finally, VitalStone Financial LLC raised its position in VanEck CLO ETF by 9.2% during the 3rd quarter. VitalStone Financial LLC now owns 96,168 shares of the company’s stock valued at $5,101,000 after purchasing an additional 8,062 shares in the last quarter.

VanEck CLO ETF Trading Up 0.1 %

Shares of VanEck CLO ETF stock opened at $52.99 on Wednesday. VanEck CLO ETF has a 1 year low of $51.88 and a 1 year high of $53.14. The firm’s 50-day moving average is $52.90 and its two-hundred day moving average is $52.84.

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.