Stratos Wealth Partners LTD. Buys 2,151 Shares of VanEck CLO ETF (NYSEARCA:CLOI)

Stratos Wealth Partners LTD. boosted its stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 16.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,858 shares of the company’s stock after purchasing an additional 2,151 shares during the quarter. Stratos Wealth Partners LTD. owned about 0.08% of VanEck CLO ETF worth $785,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CLOI. HighTower Advisors LLC bought a new position in VanEck CLO ETF during the fourth quarter worth $12,206,000. Avantax Advisory Services Inc. bought a new stake in shares of VanEck CLO ETF in the fourth quarter valued at about $236,000. Thrivent Financial for Lutherans bought a new stake in shares of VanEck CLO ETF in the fourth quarter valued at about $766,000. TAP Consulting LLC boosted its position in shares of VanEck CLO ETF by 85.7% in the fourth quarter. TAP Consulting LLC now owns 42,496 shares of the company’s stock valued at $2,243,000 after acquiring an additional 19,612 shares during the period. Finally, Kiker Wealth Management LLC bought a new stake in shares of VanEck CLO ETF in the fourth quarter valued at about $73,000.

VanEck CLO ETF Price Performance

Shares of VanEck CLO ETF stock opened at $52.84 on Monday. The firm has a 50-day moving average of $52.85 and a 200-day moving average of $52.79. VanEck CLO ETF has a 52-week low of $50.12 and a 52-week high of $53.21.

VanEck CLO ETF Company 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.