Farther Finance Advisors LLC Raises Stock Holdings in VanEck CLO ETF $CLOI

Farther Finance Advisors LLC boosted its position in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 46,508.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,847 shares of the company’s stock after buying an additional 15,813 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.06% of VanEck CLO ETF worth $837,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. NewEdge Advisors LLC increased its position in shares of VanEck CLO ETF by 264.4% in the first quarter. NewEdge Advisors LLC now owns 19,673 shares of the company’s stock valued at $1,040,000 after acquiring an additional 14,275 shares during the period. Cresset Asset Management LLC bought a new position in shares of VanEck CLO ETF during the second quarter valued at about $619,000. Quantinno Capital Management LP purchased a new stake in shares of VanEck CLO ETF during the second quarter worth about $400,000. Darwin Wealth Management LLC purchased a new stake in shares of VanEck CLO ETF during the second quarter worth about $13,048,000. Finally, Curi Capital LLC grew its stake in shares of VanEck CLO ETF by 2.0% in the second quarter. Curi Capital LLC now owns 165,842 shares of the company’s stock worth $8,781,000 after purchasing an additional 3,185 shares during the last quarter.

VanEck CLO ETF Stock Performance

Shares of NYSEARCA:CLOI opened at $52.70 on Friday. VanEck CLO ETF has a 1 year low of $52.32 and a 1 year high of $53.15. The stock’s 50-day moving average is $52.65 and its 200 day moving average is $52.82.

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.