VanEck CLO ETF $CLOI Stock Holdings Increased by Financial Management Network Inc.

Financial Management Network Inc. raised its position in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 20.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 105,188 shares of the company’s stock after buying an additional 17,947 shares during the quarter. Financial Management Network Inc. owned about 0.42% of VanEck CLO ETF worth $5,558,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of CLOI. Gradient Investments LLC grew its position in shares of VanEck CLO ETF by 0.8% in the 4th quarter. Gradient Investments LLC now owns 267,392 shares of the company’s stock worth $14,121,000 after acquiring an additional 2,009 shares in the last quarter. Winebrenner Capital Management LLC lifted its stake in VanEck CLO ETF by 132.7% during the fourth quarter. Winebrenner Capital Management LLC now owns 33,939 shares of the company’s stock worth $1,792,000 after purchasing an additional 19,351 shares during the last quarter. Stonebridge Financial Planning Group LLC boosted its holdings in VanEck CLO ETF by 33.6% in the third quarter. Stonebridge Financial Planning Group LLC now owns 24,888 shares of the company’s stock worth $1,322,000 after purchasing an additional 6,262 shares during the period. Kestra Private Wealth Services LLC boosted its holdings in VanEck CLO ETF by 36.0% in the third quarter. Kestra Private Wealth Services LLC now owns 61,679 shares of the company’s stock worth $3,275,000 after purchasing an additional 16,333 shares during the period. Finally, NewEdge Advisors LLC increased its stake in VanEck CLO ETF by 17.2% during the third quarter. NewEdge Advisors LLC now owns 64,896 shares of the company’s stock valued at $3,446,000 after purchasing an additional 9,532 shares during the last quarter.

VanEck CLO ETF Trading Down 0.0%

CLOI stock opened at $52.57 on Monday. VanEck CLO ETF has a 1-year low of $50.12 and a 1-year high of $53.15. The firm has a fifty day moving average price of $52.80 and a two-hundred day moving average price of $52.88.

VanEck CLO ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.2002 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.6%.

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. CLOI was launched on Jun 21, 2022 and is managed by VanEck.