Thrivent Financial for Lutherans Purchases New Stake in VanEck CLO ETF $CLOI

Thrivent Financial for Lutherans purchased a new stake in VanEck CLO ETF (NYSEARCA:CLOI) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 99,552 shares of the company’s stock, valued at approximately $5,257,000.

A number of other institutional investors have also recently modified their holdings of the business. Western Wealth Management LLC boosted its stake in shares of VanEck CLO ETF by 10.0% in the fourth quarter. Western Wealth Management LLC now owns 33,304 shares of the company’s stock valued at $1,759,000 after buying an additional 3,028 shares in the last quarter. Allworth Financial LP boosted its stake in shares of VanEck CLO ETF by 43.2% in the fourth quarter. Allworth Financial LP now owns 3,814 shares of the company’s stock valued at $201,000 after buying an additional 1,150 shares in the last quarter. Stonebridge Financial Planning Group LLC boosted its stake in shares of VanEck CLO ETF by 9.0% in the fourth quarter. Stonebridge Financial Planning Group LLC now owns 27,121 shares of the company’s stock valued at $1,432,000 after buying an additional 2,233 shares in the last quarter. Advisor OS LLC boosted its stake in shares of VanEck CLO ETF by 9.1% in the fourth quarter. Advisor OS LLC now owns 41,313 shares of the company’s stock valued at $2,182,000 after buying an additional 3,462 shares in the last quarter. Finally, Koshinski Asset Management Inc. boosted its stake in shares of VanEck CLO ETF by 50.6% in the fourth quarter. Koshinski Asset Management Inc. now owns 102,783 shares of the company’s stock valued at $5,428,000 after buying an additional 34,544 shares in the last quarter.

VanEck CLO ETF Stock Performance

VanEck CLO ETF stock opened at $52.89 on Friday. VanEck CLO ETF has a 1-year low of $52.36 and a 1-year high of $53.15. The stock’s 50 day moving average price is $52.67 and its 200 day moving average price is $52.80.

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.