TFB Advisors LLC Boosts Stake in VanEck CLO ETF (NYSEARCA:CLOI)

TFB Advisors LLC increased its position in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 16.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,542 shares of the company’s stock after buying an additional 785 shares during the quarter. TFB Advisors LLC owned about 0.09% of VanEck CLO ETF worth $292,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Sentinel Pension Advisors Inc. boosted its holdings in shares of VanEck CLO ETF by 1.7% in the third quarter. Sentinel Pension Advisors Inc. now owns 12,112 shares of the company’s stock valued at $642,000 after acquiring an additional 206 shares during the period. Beam Wealth Advisors Inc. boosted its stake in VanEck CLO ETF by 1.7% during the 3rd quarter. Beam Wealth Advisors Inc. now owns 13,196 shares of the company’s stock worth $700,000 after purchasing an additional 223 shares during the period. Strategic Blueprint LLC boosted its stake in VanEck CLO ETF by 3.3% during the 4th quarter. Strategic Blueprint LLC now owns 7,624 shares of the company’s stock worth $402,000 after purchasing an additional 243 shares during the period. Sheets Smith Wealth Management grew its position in VanEck CLO ETF by 12.5% during the 4th quarter. Sheets Smith Wealth Management now owns 4,500 shares of the company’s stock worth $237,000 after purchasing an additional 500 shares during the last quarter. Finally, PSI Advisors LLC acquired a new position in VanEck CLO ETF in the third quarter valued at $42,000.

VanEck CLO ETF Price Performance

Shares of NYSEARCA:CLOI opened at $53.02 on Thursday. VanEck CLO ETF has a one year low of $52.33 and a one year high of $53.21. The company has a 50-day simple moving average of $52.98 and a 200-day simple moving average of $52.94.

About VanEck CLO ETF

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.