B. Riley Wealth Advisors Inc. Invests $205,000 in VanEck CLO ETF (NYSEARCA:CLOI)

B. Riley Wealth Advisors Inc. purchased a new stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 3,868 shares of the company’s stock, valued at approximately $205,000.

Other large investors have also recently modified their holdings of the company. Strategic Blueprint LLC bought a new stake in shares of VanEck CLO ETF during the second quarter valued at approximately $441,000. Arkadios Wealth Advisors bought a new stake in shares of VanEck CLO ETF in the 2nd quarter worth $227,000. Ameritas Advisory Services LLC raised its stake in shares of VanEck CLO ETF by 7.9% in the second quarter. Ameritas Advisory Services LLC now owns 9,072 shares of the company’s stock worth $480,000 after purchasing an additional 663 shares during the last quarter. Trademark Financial Management LLC lifted its holdings in shares of VanEck CLO ETF by 45.0% during the second quarter. Trademark Financial Management LLC now owns 22,249 shares of the company’s stock valued at $1,178,000 after purchasing an additional 6,902 shares in the last quarter. Finally, Concurrent Investment Advisors LLC bought a new position in shares of VanEck CLO ETF during the second quarter valued at $251,000.

VanEck CLO ETF Trading Up 0.1 %

NYSEARCA CLOI opened at $53.06 on Monday. VanEck CLO ETF has a one year low of $52.06 and a one year high of $53.21. The stock has a 50-day moving average of $52.99 and a 200 day moving average of $52.91.

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.