M Holdings Securities Inc. Makes New $698,000 Investment in VanEck CLO ETF $CLOI

M Holdings Securities Inc. bought a new position in VanEck CLO ETF (NYSEARCA:CLOI) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 13,211 shares of the company’s stock, valued at approximately $698,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CLOI. Fifth Third Bancorp purchased a new stake in VanEck CLO ETF during the first quarter valued at about $32,000. FAS Wealth Partners Inc. lifted its stake in VanEck CLO ETF by 38.8% during the first quarter. FAS Wealth Partners Inc. now owns 2,389 shares of the company’s stock worth $126,000 after purchasing an additional 668 shares during the last quarter. Redhawk Wealth Advisors Inc. boosted its holdings in shares of VanEck CLO ETF by 15.9% in the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 5,603 shares of the company’s stock worth $297,000 after purchasing an additional 768 shares in the last quarter. Ascension Capital Advisors Inc. boosted its holdings in shares of VanEck CLO ETF by 19.5% in the 1st quarter. Ascension Capital Advisors Inc. now owns 4,780 shares of the company’s stock worth $252,000 after purchasing an additional 781 shares in the last quarter. Finally, Waverly Advisors LLC boosted its holdings in shares of VanEck CLO ETF by 4.8% in the 2nd quarter. Waverly Advisors LLC now owns 19,869 shares of the company’s stock worth $1,052,000 after purchasing an additional 909 shares in the last quarter.

VanEck CLO ETF Trading Up 0.0%

Shares of VanEck CLO ETF stock opened at $52.85 on Wednesday. The business’s 50-day moving average price is $52.87 and its 200-day moving average price is $52.82. VanEck CLO ETF has a 12 month low of $52.36 and a 12 month high of $53.07.

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.