Thrivent Financial for Lutherans Acquires New Stake in VanEck CLO ETF (NYSEARCA:CLOI)

Thrivent Financial for Lutherans acquired a new position in shares of VanEck CLO ETF (NYSEARCA:CLOI) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 14,507 shares of the company’s stock, valued at approximately $766,000.

A number of other large investors also recently bought and sold shares of the company. Integras Partners LLC acquired a new position in shares of VanEck CLO ETF during the fourth quarter worth about $7,106,000. Balboa Wealth Partners boosted its holdings in VanEck CLO ETF by 5.6% in the 4th quarter. Balboa Wealth Partners now owns 6,682 shares of the company’s stock valued at $353,000 after purchasing an additional 356 shares in the last quarter. Avantax Advisory Services Inc. acquired a new position in VanEck CLO ETF during the 4th quarter worth approximately $236,000. HighTower Advisors LLC purchased a new position in shares of VanEck CLO ETF during the 4th quarter worth approximately $12,206,000. Finally, Global View Capital Management LLC purchased a new position in shares of VanEck CLO ETF during the 4th quarter worth approximately $598,000.

VanEck CLO ETF Stock Performance

VanEck CLO ETF stock opened at $52.74 on Thursday. The stock’s 50 day moving average price is $52.96 and its 200 day moving average price is $52.96. VanEck CLO ETF has a 1-year low of $52.52 and a 1-year 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.