Lokken Investment Group LLC grew its position in VanEck CLO ETF (NYSEARCA:CLOI – Free Report) by 194.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 127,992 shares of the company’s stock after purchasing an additional 84,476 shares during the quarter. VanEck CLO ETF makes up approximately 2.9% of Lokken Investment Group LLC’s portfolio, making the stock its 6th largest holding. Lokken Investment Group LLC owned 2.10% of VanEck CLO ETF worth $6,754,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also modified their holdings of the company. Redhawk Wealth Advisors Inc. acquired a new stake in VanEck CLO ETF in the 4th quarter valued at approximately $49,816,000. Capital Investment Advisors LLC boosted its position in shares of VanEck CLO ETF by 53.2% in the fourth 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 period. HighTower Advisors LLC acquired a new stake in shares of VanEck CLO ETF in the fourth quarter worth $12,206,000. Brookstone Capital Management bought a new position in VanEck CLO ETF during the fourth quarter worth $12,051,000. Finally, Maridea Wealth Management LLC acquired a new position in VanEck CLO ETF during the 4th quarter valued at $9,117,000.
VanEck CLO ETF Price Performance
Shares of VanEck CLO ETF stock opened at $52.84 on Tuesday. The firm has a fifty day moving average price of $52.97 and a two-hundred day moving average price of $52.96. VanEck CLO ETF has a fifty-two week low of $52.51 and a fifty-two week 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.
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