VanEck CLO ETF (NYSEARCA:CLOI) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 93.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 1,963 shares of the company’s stock after selling 29,975 shares during the period. JPMorgan Chase & Co.’s holdings in VanEck CLO ETF were worth $104,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. PSI Advisors LLC purchased a new stake in shares of VanEck CLO ETF during the 3rd quarter worth $42,000. FSA Wealth Management LLC acquired a new stake in shares of VanEck CLO ETF in the third quarter valued at about $53,000. Raleigh Capital Management Inc. purchased a new stake in VanEck CLO ETF during the third quarter worth about $116,000. Continuum Advisory LLC acquired a new position in VanEck CLO ETF during the third quarter worth about $131,000. Finally, Centaurus Financial Inc. purchased a new position in VanEck CLO ETF in the third quarter valued at about $136,000.

VanEck CLO ETF Trading Up 0.0 %

CLOI stock opened at $53.16 on Monday. The firm has a 50 day moving average of $52.99 and a 200-day moving average of $52.94. VanEck CLO ETF has a 12-month low of $52.28 and a 12-month high of $53.21.

About VanEck CLO ETF

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.