Trustmark National Bank Trust Department Grows Stock Holdings in VanEck CLO ETF (NYSEARCA:CLOI)

Trustmark National Bank Trust Department increased its stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 22.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,938 shares of the company’s stock after purchasing an additional 1,650 shares during the period. Trustmark National Bank Trust Department owned approximately 0.15% of VanEck CLO ETF worth $474,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in CLOI. PSI Advisors LLC purchased a new stake in VanEck CLO ETF during the third quarter valued at $42,000. Mattson Financial Services LLC purchased a new stake in VanEck CLO ETF during the second quarter valued at $90,000. Raleigh Capital Management Inc. purchased a new stake in VanEck CLO ETF during the third quarter valued at $116,000. Annapolis Financial Services LLC purchased a new stake in VanEck CLO ETF during the second quarter valued at $133,000. Finally, Insigneo Advisory Services LLC purchased a new stake in VanEck CLO ETF during the second quarter valued at $222,000.

VanEck CLO ETF Price Performance

Shares of CLOI opened at $53.05 on Friday. VanEck CLO ETF has a twelve month low of $52.06 and a twelve month high of $53.21. The company’s fifty day simple moving average is $52.94 and its 200-day simple moving average is $52.88.

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.