Cathy Pareto & Associates Inc. Increases Stock Holdings in VanEck CLO ETF $CLOI

Cathy Pareto & Associates Inc. increased its holdings in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 70.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,743 shares of the company’s stock after buying an additional 20,493 shares during the period. VanEck CLO ETF comprises approximately 1.8% of Cathy Pareto & Associates Inc.’s investment portfolio, making the stock its 17th largest holding. Cathy Pareto & Associates Inc. owned approximately 0.20% of VanEck CLO ETF worth $2,627,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Symphony Financial Ltd. Co. lifted its position in shares of VanEck CLO ETF by 2.0% during the 3rd quarter. Symphony Financial Ltd. Co. now owns 12,383 shares of the company’s stock valued at $657,000 after buying an additional 238 shares in the last quarter. Arkadios Wealth Advisors lifted its position in shares of VanEck CLO ETF by 4.9% during the 3rd quarter. Arkadios Wealth Advisors now owns 5,244 shares of the company’s stock valued at $278,000 after buying an additional 243 shares in the last quarter. Trivium Point Advisory LLC lifted its position in shares of VanEck CLO ETF by 1.7% during the 3rd quarter. Trivium Point Advisory LLC now owns 16,644 shares of the company’s stock valued at $884,000 after buying an additional 273 shares in the last quarter. Wayfinding Financial LLC lifted its position in shares of VanEck CLO ETF by 0.6% during the 3rd quarter. Wayfinding Financial LLC now owns 54,820 shares of the company’s stock valued at $2,910,000 after buying an additional 316 shares in the last quarter. Finally, Portside Wealth Group LLC lifted its position in shares of VanEck CLO ETF by 5.5% during the 4th quarter. Portside Wealth Group LLC now owns 6,593 shares of the company’s stock valued at $348,000 after buying an additional 345 shares in the last quarter.

VanEck CLO ETF Stock Performance

Shares of NYSEARCA:CLOI opened at $52.55 on Monday. The business’s 50 day moving average price is $52.69 and its 200-day moving average price is $52.84. VanEck CLO ETF has a 1 year low of $51.66 and a 1 year high of $53.15.

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