MGO One Seven LLC Has $435,000 Stake in VanEck CLO ETF $CLOI

MGO One Seven LLC reduced its position in VanEck CLO ETF (NYSEARCA:CLOI) by 7.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,217 shares of the company’s stock after selling 633 shares during the quarter. MGO One Seven LLC’s holdings in VanEck CLO ETF were worth $435,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Capital Investment Advisors LLC boosted its position in shares of VanEck CLO ETF by 14.7% during the 2nd quarter. Capital Investment Advisors LLC now owns 1,286,977 shares of the company’s stock worth $68,145,000 after acquiring an additional 164,457 shares in the last quarter. LPL Financial LLC lifted its stake in VanEck CLO ETF by 50.0% during the first quarter. LPL Financial LLC now owns 1,283,259 shares of the company’s stock worth $67,807,000 after purchasing an additional 427,476 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of VanEck CLO ETF by 601.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 485,336 shares of the company’s stock valued at $25,645,000 after purchasing an additional 416,160 shares in the last quarter. Brookstone Capital Management increased its stake in shares of VanEck CLO ETF by 31.3% in the 1st quarter. Brookstone Capital Management now owns 299,903 shares of the company’s stock valued at $15,847,000 after purchasing an additional 71,529 shares during the last quarter. Finally, Gradient Investments LLC raised its holdings in shares of VanEck CLO ETF by 0.8% during the 2nd quarter. Gradient Investments LLC now owns 277,737 shares of the company’s stock worth $14,706,000 after buying an additional 2,132 shares in the last quarter.

VanEck CLO ETF Stock Performance

Shares of CLOI stock opened at $52.94 on Friday. The business has a fifty day simple moving average of $52.96 and a 200 day simple moving average of $52.80. VanEck CLO ETF has a twelve month low of $50.12 and a twelve month high of $53.21.

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.