VanEck CLO ETF (NYSEARCA:CLOI) Shares Sold by TCP Asset Management LLC

TCP Asset Management LLC lowered its holdings in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 5.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,099 shares of the company’s stock after selling 1,251 shares during the period. TCP Asset Management LLC’s holdings in VanEck CLO ETF were worth $1,166,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of CLOI. Redhawk Wealth Advisors Inc. purchased a new stake in shares of VanEck CLO ETF in the fourth quarter valued at about $49,816,000. Capital Investment Advisors LLC raised its stake in VanEck CLO ETF by 53.2% during the 4th quarter. Capital Investment Advisors LLC now owns 926,487 shares of the company’s stock valued at $48,891,000 after acquiring an additional 321,765 shares during the last quarter. WealthPlan Investment Management LLC lifted its position in VanEck CLO ETF by 24.5% during the 3rd quarter. WealthPlan Investment Management LLC now owns 263,019 shares of the company’s stock worth $13,951,000 after acquiring an additional 51,715 shares during the period. Brookstone Capital Management acquired a new stake in VanEck CLO ETF during the 4th quarter worth approximately $12,051,000. Finally, Assetmark Inc. grew its stake in shares of VanEck CLO ETF by 12.7% in the 3rd quarter. Assetmark Inc. now owns 169,029 shares of the company’s stock valued at $8,965,000 after purchasing an additional 19,015 shares during the last quarter.

VanEck CLO ETF Stock Performance

VanEck CLO ETF stock opened at $53.01 on Friday. The business has a 50 day simple moving average of $52.97 and a 200-day simple moving average of $52.91. VanEck CLO ETF has a 12 month low of $52.28 and a 12 month high of $53.21.

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.