Stonebridge Financial Planning Group LLC Grows Position in VanEck CLO ETF (NYSEARCA:CLOI)

Stonebridge Financial Planning Group LLC raised its position in VanEck CLO ETF (NYSEARCA:CLOI) by 18.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,617 shares of the company’s stock after purchasing an additional 1,197 shares during the quarter. Stonebridge Financial Planning Group LLC’s holdings in VanEck CLO ETF were worth $404,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Sentinel Pension Advisors Inc. raised its holdings in shares of VanEck CLO ETF by 1.7% during the 3rd quarter. Sentinel Pension Advisors Inc. now owns 12,112 shares of the company’s stock valued at $642,000 after buying an additional 206 shares during the period. Beam Wealth Advisors Inc. raised its holdings in shares of VanEck CLO ETF by 1.7% during the 3rd quarter. Beam Wealth Advisors Inc. now owns 13,196 shares of the company’s stock valued at $700,000 after buying an additional 223 shares during the period. Truist Financial Corp raised its holdings in shares of VanEck CLO ETF by 2.2% during the 2nd quarter. Truist Financial Corp now owns 26,629 shares of the company’s stock valued at $1,410,000 after buying an additional 584 shares during the period. Ameritas Advisory Services LLC raised its holdings in shares of VanEck CLO ETF by 7.9% during the 2nd quarter. Ameritas Advisory Services LLC now owns 9,072 shares of the company’s stock valued at $480,000 after buying an additional 663 shares during the period. Finally, PSI Advisors LLC purchased a new stake in shares of VanEck CLO ETF during the 3rd quarter valued at about $42,000.

VanEck CLO ETF Stock Performance

Shares of NYSEARCA:CLOI traded up $0.02 during mid-day trading on Wednesday, hitting $53.04. 5,412 shares of the company traded hands, compared to its average volume of 85,775. VanEck CLO ETF has a 52-week low of $52.06 and a 52-week high of $53.21. The firm’s 50 day simple moving average is $52.93 and its 200 day simple moving average is $52.87.

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.