VanEck CLO ETF (NYSEARCA:CLOI) Shares Bought by TFB Advisors LLC

TFB Advisors LLC grew its stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 16.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 5,542 shares of the company’s stock after purchasing an additional 785 shares during the period. TFB Advisors LLC’s holdings in VanEck CLO ETF were worth $292,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Authentikos Wealth Advisory LLC purchased a new position in VanEck CLO ETF in the 4th quarter valued at approximately $255,000. Kingsview Wealth Management LLC purchased a new position in shares of VanEck CLO ETF in the fourth quarter valued at $381,000. Independence Asset Advisors LLC purchased a new position in shares of VanEck CLO ETF in the fourth quarter valued at $484,000. Stratos Wealth Partners LTD. acquired a new position in shares of VanEck CLO ETF during the 4th quarter worth $671,000. Finally, Destiny Wealth Partners LLC purchased a new stake in shares of VanEck CLO ETF in the 4th quarter worth about $243,000.

VanEck CLO ETF Stock Performance

NYSEARCA:CLOI opened at $53.02 on Thursday. The firm has a 50-day moving average price of $52.98 and a two-hundred day moving average price of $52.94. VanEck CLO ETF has a twelve month low of $52.33 and a twelve month 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.