WealthPlan Investment Management LLC Trims Stock Holdings in VanEck CLO ETF (NYSEARCA:CLOI)

WealthPlan Investment Management LLC decreased its holdings in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 1.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 259,493 shares of the company’s stock after selling 3,526 shares during the quarter. VanEck CLO ETF comprises approximately 1.4% of WealthPlan Investment Management LLC’s portfolio, making the stock its 16th biggest holding. WealthPlan Investment Management LLC’s holdings in VanEck CLO ETF were worth $13,693,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. PSI Advisors LLC bought a new stake in VanEck CLO ETF during the 3rd quarter worth approximately $42,000. FSA Wealth Management LLC purchased a new position in shares of VanEck CLO ETF during the 3rd quarter valued at $53,000. Raleigh Capital Management Inc. bought a new position in shares of VanEck CLO ETF in the third quarter worth $116,000. Continuum Advisory LLC purchased a new stake in shares of VanEck CLO ETF in the third quarter worth $131,000. Finally, Centaurus Financial Inc. bought a new stake in VanEck CLO ETF during the third quarter valued at $136,000.

VanEck CLO ETF Stock Performance

VanEck CLO ETF stock opened at $53.04 on Friday. The business has a 50-day simple moving average of $52.98 and a 200 day simple moving average of $52.94. VanEck CLO ETF has a 52 week low of $52.33 and a 52 week high of $53.21.

VanEck CLO ETF Company 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.