PCG Wealth Advisors LLC Has $2.24 Million Stock Holdings in VanEck CLO ETF (NYSEARCA:CLOI)

PCG Wealth Advisors LLC boosted its stake in VanEck CLO ETF (NYSEARCA:CLOI) by 13.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 42,427 shares of the company’s stock after buying an additional 4,983 shares during the period. PCG Wealth Advisors LLC’s holdings in VanEck CLO ETF were worth $2,239,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of CLOI. PSI Advisors LLC acquired a new position in VanEck CLO ETF in the 3rd quarter valued at about $42,000. FSA Wealth Management LLC acquired a new position in VanEck CLO ETF in the 3rd quarter valued at about $53,000. Mattson Financial Services LLC acquired a new position in VanEck CLO ETF in the 2nd quarter valued at about $90,000. Raleigh Capital Management Inc. acquired a new position in VanEck CLO ETF in the 3rd quarter valued at about $116,000. Finally, Continuum Advisory LLC acquired a new position in VanEck CLO ETF in the 3rd quarter valued at about $131,000.

VanEck CLO ETF Trading Up 0.1 %

Shares of CLOI opened at $53.11 on Friday. VanEck CLO ETF has a 52 week low of $52.28 and a 52 week high of $53.21. The firm’s 50-day simple moving average is $52.98 and its 200 day simple moving average is $52.92.

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.