Narwhal Capital Management Invests $711,000 in VanEck CLO ETF $CLOI

Narwhal Capital Management bought a new position in shares of VanEck CLO ETF (NYSEARCA:CLOI) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 13,381 shares of the company’s stock, valued at approximately $711,000. Narwhal Capital Management owned approximately 0.06% of VanEck CLO ETF at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Capital Investment Advisors LLC grew its holdings in VanEck CLO ETF by 11.4% during the 3rd quarter. Capital Investment Advisors LLC now owns 1,434,140 shares of the company’s stock worth $76,153,000 after acquiring an additional 147,163 shares in the last quarter. Cathy Pareto & Associates Inc. lifted its position in shares of VanEck CLO ETF by 39.8% during the 3rd quarter. Cathy Pareto & Associates Inc. now owns 29,250 shares of the company’s stock worth $1,553,000 after purchasing an additional 8,334 shares during the last quarter. Integras Partners LLC lifted its position in shares of VanEck CLO ETF by 89.5% during the 3rd quarter. Integras Partners LLC now owns 155,127 shares of the company’s stock worth $8,237,000 after purchasing an additional 73,269 shares during the last quarter. CoreCap Advisors LLC grew its stake in shares of VanEck CLO ETF by 34.9% during the third quarter. CoreCap Advisors LLC now owns 14,233 shares of the company’s stock worth $756,000 after purchasing an additional 3,682 shares in the last quarter. Finally, OneAscent Financial Services LLC purchased a new position in VanEck CLO ETF in the third quarter valued at $1,291,000.

VanEck CLO ETF Trading Up 0.1%

CLOI opened at $52.83 on Friday. VanEck CLO ETF has a one year low of $50.12 and a one year high of $53.20. The business’s 50-day simple moving average is $52.89 and its 200-day simple moving average is $52.93.

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.