Global View Capital Management LLC Acquires Shares of 11,329 VanEck CLO ETF (NYSEARCA:CLOI)

Global View Capital Management LLC acquired a new stake in shares of VanEck CLO ETF (NYSEARCA:CLOI) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 11,329 shares of the company’s stock, valued at approximately $598,000.

A number of other hedge funds have also added to or reduced their stakes in CLOI. Redhawk Wealth Advisors Inc. purchased a new position in VanEck CLO ETF during the 4th quarter valued at $49,816,000. Capital Investment Advisors LLC increased its position in VanEck CLO ETF by 53.2% during the 4th quarter. Capital Investment Advisors LLC now owns 926,487 shares of the company’s stock valued at $48,891,000 after purchasing an additional 321,765 shares during the period. Brookstone Capital Management purchased a new position in VanEck CLO ETF during the 4th quarter valued at $12,051,000. TRUE Private Wealth Advisors grew its position in shares of VanEck CLO ETF by 229.4% in the 3rd quarter. TRUE Private Wealth Advisors now owns 157,868 shares of the company’s stock worth $8,373,000 after buying an additional 109,947 shares during the period. Finally, Deseret Mutual Benefit Administrators purchased a new stake in shares of VanEck CLO ETF in the 4th quarter worth about $4,017,000.

VanEck CLO ETF Stock Down 0.1 %

NYSEARCA:CLOI opened at $52.87 on Tuesday. The firm’s 50-day moving average price is $52.99 and its 200-day moving average price is $52.97. VanEck CLO ETF has a 1-year low of $52.46 and a 1-year high of $53.21.

VanEck CLO ETF 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.