Impact Partnership Wealth LLC Grows Stake in VanEck CLO ETF $CLOI

Impact Partnership Wealth LLC raised its holdings in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 120.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,768 shares of the company’s stock after buying an additional 15,176 shares during the quarter. Impact Partnership Wealth LLC owned about 0.12% of VanEck CLO ETF worth $1,474,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of CLOI. CWM LLC lifted its position in VanEck CLO ETF by 177.6% during the third 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. Private Trust Co. NA bought a new stake in shares of VanEck CLO ETF during the 2nd quarter worth $66,000. Ameritas Advisory Services LLC purchased a new position in VanEck CLO ETF in the second quarter worth $177,000. Bartlett & CO. Wealth Management LLC bought a new position in VanEck CLO ETF in the second quarter valued at $200,000. Finally, Creekside Partners bought a new stake in VanEck CLO ETF during the second quarter worth about $209,000.

VanEck CLO ETF Stock Performance

NYSEARCA:CLOI opened at $53.03 on Friday. The business has a 50 day moving average of $52.89 and a 200 day moving average of $52.93. VanEck CLO ETF has a 1-year low of $50.12 and a 1-year high of $53.20.

VanEck CLO ETF 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.