AE Wealth Management LLC Increases Holdings in VanEck CLO ETF $CLOI

AE Wealth Management LLC grew its holdings in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 7.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 244,329 shares of the company’s stock after purchasing an additional 17,325 shares during the quarter. AE Wealth Management LLC owned approximately 0.97% of VanEck CLO ETF worth $12,903,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. CWM LLC increased its position in shares of VanEck CLO ETF by 177.6% during the 3rd quarter. CWM LLC now owns 705 shares of the company’s stock valued at $37,000 after purchasing an additional 451 shares during the last quarter. Raleigh Capital Management Inc. purchased a new stake in shares of VanEck CLO ETF during the 4th quarter valued at $43,000. Capital Investment Advisory Services LLC purchased a new stake in shares of VanEck CLO ETF during the 4th quarter valued at $68,000. Clear Investment Research LLC purchased a new stake in shares of VanEck CLO ETF during the 3rd quarter valued at $89,000. Finally, Sound Income Strategies LLC purchased a new stake in shares of VanEck CLO ETF during the 4th quarter valued at $100,000.

VanEck CLO ETF Price Performance

Shares of CLOI opened at $52.68 on Friday. The business has a 50-day moving average of $52.67 and a 200 day moving average of $52.82. VanEck CLO ETF has a fifty-two week low of $52.06 and a fifty-two week high of $53.15.

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.