Koshinski Asset Management Inc. Decreases Stock Holdings in VanEck CLO ETF $CLOI

Koshinski Asset Management Inc. decreased its holdings in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 46.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 55,208 shares of the company’s stock after selling 47,575 shares during the quarter. Koshinski Asset Management Inc.’s holdings in VanEck CLO ETF were worth $2,909,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Wayfinding Financial LLC raised its stake in shares of VanEck CLO ETF by 0.6% in the third quarter. Wayfinding Financial LLC now owns 54,820 shares of the company’s stock valued at $2,910,000 after acquiring an additional 316 shares during the period. Portside Wealth Group LLC boosted its stake 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 worth $348,000 after purchasing an additional 345 shares during the period. Quest 10 Wealth Builders Inc. boosted its stake in shares of VanEck CLO ETF by 8.1% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 4,744 shares of the company’s stock worth $251,000 after purchasing an additional 354 shares during the period. Mpwm Advisory Solutions LLC grew its holdings in VanEck CLO ETF by 0.7% during the 3rd quarter. Mpwm Advisory Solutions LLC now owns 52,784 shares of the company’s stock valued at $2,803,000 after purchasing an additional 365 shares during the last quarter. Finally, Wells Fargo & Company MN bought a new position in VanEck CLO ETF during the 4th quarter valued at about $37,000.

VanEck CLO ETF Price Performance

VanEck CLO ETF stock opened at $52.78 on Friday. VanEck CLO ETF has a 1-year low of $52.36 and a 1-year high of $53.15. The company’s 50-day moving average is $52.85 and its 200 day moving average 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.