Bay Colony Advisory Group Inc d b a Bay Colony Advisors Makes New Investment in VanEck CLO ETF (NYSEARCA:CLOI)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in VanEck CLO ETF (NYSEARCA:CLOI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 8,519 shares of the company’s stock, valued at approximately $450,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Black Swift Group LLC increased its holdings in shares of VanEck CLO ETF by 19.5% during the third quarter. Black Swift Group LLC now owns 38,977 shares of the company’s stock valued at $2,067,000 after purchasing an additional 6,350 shares during the period. Arkadios Wealth Advisors increased its holdings in shares of VanEck CLO ETF by 29.8% during the fourth quarter. Arkadios Wealth Advisors now owns 7,439 shares of the company’s stock valued at $393,000 after purchasing an additional 1,708 shares during the period. Geneos Wealth Management Inc. acquired a new position in shares of VanEck CLO ETF during the fourth quarter valued at $506,000. Beaumont Financial Advisors LLC increased its holdings in shares of VanEck CLO ETF by 50.9% during the fourth quarter. Beaumont Financial Advisors LLC now owns 214,635 shares of the company’s stock valued at $11,326,000 after purchasing an additional 72,356 shares during the period. Finally, Arete Wealth Advisors LLC increased its holdings in shares of VanEck CLO ETF by 44.3% during the third quarter. Arete Wealth Advisors LLC now owns 19,162 shares of the company’s stock valued at $1,016,000 after purchasing an additional 5,880 shares during the period.

VanEck CLO ETF Price Performance

Shares of CLOI opened at $52.90 on Friday. VanEck CLO ETF has a one year low of $52.44 and a one year high of $53.21. The stock’s fifty day moving average is $52.98 and its 200-day moving average is $52.97.

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.