76,114 Shares in VanEck CLO ETF (NYSEARCA:CLOI) Purchased by Deseret Mutual Benefit Administrators

Deseret Mutual Benefit Administrators acquired a new stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 76,114 shares of the company’s stock, valued at approximately $4,017,000. VanEck CLO ETF makes up 2.0% of Deseret Mutual Benefit Administrators’ investment portfolio, making the stock its 6th biggest position. Deseret Mutual Benefit Administrators owned 1.25% of VanEck CLO ETF as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of CLOI. Private Advisor Group LLC boosted its stake in shares of VanEck CLO ETF by 36.8% in the 3rd quarter. Private Advisor Group LLC now owns 13,879 shares of the company’s stock valued at $736,000 after purchasing an additional 3,735 shares in the last quarter. PSI Advisors LLC bought a new position in VanEck CLO ETF during the 3rd quarter valued at about $42,000. Financial Management Network Inc. boosted its position in VanEck CLO ETF by 13.5% in the third quarter. Financial Management Network Inc. now owns 53,146 shares of the company’s stock valued at $2,807,000 after buying an additional 6,320 shares in the last quarter. Arkadios Wealth Advisors grew its stake in VanEck CLO ETF by 33.5% during the third quarter. Arkadios Wealth Advisors now owns 5,731 shares of the company’s stock worth $304,000 after buying an additional 1,437 shares during the last quarter. Finally, TCP Asset Management LLC increased its holdings in shares of VanEck CLO ETF by 84.4% during the third quarter. TCP Asset Management LLC now owns 23,350 shares of the company’s stock worth $1,238,000 after buying an additional 10,688 shares in the last quarter.

VanEck CLO ETF Stock Performance

NYSEARCA:CLOI opened at $53.05 on Friday. VanEck CLO ETF has a 1 year low of $52.33 and a 1 year high of $53.21. The firm has a 50 day moving average of $52.99 and a 200-day moving average of $52.95.

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.