Sanctuary Advisors LLC Takes Position in VanEck CLO ETF (NYSEARCA:CLOI)

Sanctuary Advisors LLC acquired a new position in VanEck CLO ETF (NYSEARCA:CLOI) in the third quarter, HoldingsChannel.com reports. The firm acquired 37,311 shares of the company’s stock, valued at approximately $1,981,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CLOI. Fulcrum Equity Management raised its stake in shares of VanEck CLO ETF by 8.2% in the third quarter. Fulcrum Equity Management now owns 12,078 shares of the company’s stock worth $641,000 after purchasing an additional 915 shares during the last quarter. Sunbelt Securities Inc. raised its position in VanEck CLO ETF by 93.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 10,057 shares of the company’s stock worth $533,000 after buying an additional 4,846 shares during the last quarter. Continuum Advisory LLC bought a new position in VanEck CLO ETF during the 3rd quarter valued at about $131,000. MML Investors Services LLC boosted its holdings in shares of VanEck CLO ETF by 12.8% during the 3rd quarter. MML Investors Services LLC now owns 144,392 shares of the company’s stock valued at $7,659,000 after acquiring an additional 16,356 shares during the last quarter. Finally, FSA Wealth Management LLC purchased a new position in shares of VanEck CLO ETF during the third quarter valued at approximately $53,000.

VanEck CLO ETF Stock Performance

Shares of VanEck CLO ETF stock opened at $53.03 on Thursday. VanEck CLO ETF has a twelve month low of $52.06 and a twelve month high of $53.21. The company’s 50 day moving average is $52.98 and its 200 day moving average is $52.90.

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.