TAP Consulting LLC Buys 19,612 Shares of VanEck CLO ETF (NYSEARCA:CLOI)

TAP Consulting LLC grew its stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) by 85.7% in the fourth quarter, Holdings Channel reports. The fund owned 42,496 shares of the company’s stock after acquiring an additional 19,612 shares during the quarter. TAP Consulting LLC’s holdings in VanEck CLO ETF were worth $2,243,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of CLOI. FSA Wealth Management LLC bought a new position in shares of VanEck CLO ETF during the 3rd quarter worth $53,000. Continuum Advisory LLC bought a new position in VanEck CLO ETF during the third quarter worth about $131,000. Centaurus Financial Inc. purchased a new position in shares of VanEck CLO ETF in the third quarter worth about $136,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of VanEck CLO ETF in the third quarter valued at approximately $205,000. Finally, Synovus Financial Corp purchased a new stake in shares of VanEck CLO ETF during the 3rd quarter valued at approximately $210,000.

VanEck CLO ETF Price Performance

Shares of CLOI stock opened at $52.92 on Thursday. VanEck CLO ETF has a 1 year low of $52.51 and a 1 year high of $53.21. The company’s fifty day simple moving average is $53.00 and its two-hundred day simple moving average is $52.96.

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.