90,596 Shares in VanEck CLO ETF $CLOI Bought by Dakota Wealth Management

Dakota Wealth Management acquired a new position in VanEck CLO ETF (NYSEARCA:CLOI) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 90,596 shares of the company’s stock, valued at approximately $4,784,000. Dakota Wealth Management owned approximately 0.36% of VanEck CLO ETF at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Impact Partnership Wealth LLC lifted its stake in shares of VanEck CLO ETF by 120.5% in the third quarter. Impact Partnership Wealth LLC now owns 27,768 shares of the company’s stock worth $1,474,000 after acquiring an additional 15,176 shares in the last quarter. Brookstone Capital Management grew its stake in VanEck CLO ETF by 7.8% during the 3rd quarter. Brookstone Capital Management now owns 308,695 shares of the company’s stock valued at $16,392,000 after purchasing an additional 22,237 shares in the last quarter. OneAscent Financial Services LLC acquired a new stake in VanEck CLO ETF during the 3rd quarter valued at approximately $1,291,000. Flow Traders U.S. LLC purchased a new stake in VanEck CLO ETF during the 2nd quarter worth approximately $765,000. Finally, Narwhal Capital Management purchased a new stake in VanEck CLO ETF during the 3rd quarter worth approximately $711,000.

VanEck CLO ETF Stock Down 0.1%

Shares of CLOI opened at $52.63 on Friday. The business’s 50 day moving average is $52.78 and its two-hundred day moving average is $52.87. VanEck CLO ETF has a 52-week low of $50.12 and a 52-week high of $53.15.

VanEck CLO ETF Cuts Dividend

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

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.