VanEck CLO ETF $CLOI Shares Sold by AE Wealth Management LLC

AE Wealth Management LLC cut its position in VanEck CLO ETF (NYSEARCA:CLOI) by 21.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 176,198 shares of the company’s stock after selling 46,725 shares during the quarter. AE Wealth Management LLC owned about 0.88% of VanEck CLO ETF worth $9,330,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Richardson Financial Services Inc. bought a new position in shares of VanEck CLO ETF in the first quarter worth $28,000. Private Trust Co. NA acquired a new stake in VanEck CLO ETF in the second quarter worth about $66,000. FAS Wealth Partners Inc. lifted its holdings in VanEck CLO ETF by 51.7% in the first quarter. FAS Wealth Partners Inc. now owns 1,675 shares of the company’s stock worth $89,000 after purchasing an additional 571 shares during the period. Allworth Financial LP bought a new position in VanEck CLO ETF in the 1st quarter valued at about $137,000. Finally, Mattson Financial Services LLC increased its stake in VanEck CLO ETF by 17.8% during the 1st quarter. Mattson Financial Services LLC now owns 2,905 shares of the company’s stock valued at $153,000 after buying an additional 440 shares during the period.

VanEck CLO ETF Trading Up 0.2%

NYSEARCA CLOI opened at $52.92 on Monday. VanEck CLO ETF has a 12 month low of $50.12 and a 12 month high of $53.20. The company’s 50 day simple moving average is $52.95 and its 200 day simple moving average is $52.90.

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.