FSA Wealth Management LLC Takes Position in VanEck CLO ETF (NYSEARCA:CLOI)

FSA Wealth Management LLC bought a new position in shares of VanEck CLO ETF (NYSEARCA:CLOI) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,000 shares of the company’s stock, valued at approximately $53,000.

Several other large investors have also recently bought and sold shares of the stock. TRUE Private Wealth Advisors grew its position in VanEck CLO ETF by 229.4% during the third quarter. TRUE Private Wealth Advisors now owns 157,868 shares of the company’s stock worth $8,373,000 after buying an additional 109,947 shares in the last quarter. Arete Wealth Advisors LLC lifted its position in shares of VanEck CLO ETF by 44.3% in the 3rd quarter. Arete Wealth Advisors LLC now owns 19,162 shares of the company’s stock worth $1,016,000 after acquiring an additional 5,880 shares during the period. Freedom Investment Management Inc. grew its holdings in shares of VanEck CLO ETF by 4.1% during the 3rd quarter. Freedom Investment Management Inc. now owns 20,468 shares of the company’s stock worth $1,086,000 after purchasing an additional 815 shares in the last quarter. Centaurus Financial Inc. bought a new stake in shares of VanEck CLO ETF during the third quarter valued at approximately $136,000. Finally, WESPAC Advisors LLC raised its stake in shares of VanEck CLO ETF by 2.9% in the third quarter. WESPAC Advisors LLC now owns 54,474 shares of the company’s stock valued at $2,889,000 after purchasing an additional 1,512 shares in the last quarter.

VanEck CLO ETF Stock Up 0.1 %

Shares of CLOI stock opened at $53.15 on Monday. The stock has a fifty day moving average price of $52.96 and a 200 day moving average price of $52.89. VanEck CLO ETF has a one year low of $52.06 and a one year 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.