Eck Associates Corp Van, a 10% owner of VanEck CLO Opportunities Fund (CLOO), acquired a significant stake in the fund on May 4, 2026. The entity purchased 996,000 shares of CLOO at a price of $25.00 per share, representing a total investment of approximately $24.90 million.
This substantial insider acquisition comes as Eck Associates Corp Van is already a major shareholder. Such large-scale purchases by significant insiders are frequently interpreted as a signal of increased confidence in the company's future performance.
The transaction adds to recent insider activity, with Van Eck Associates Corp also reporting a buy of 996,000 shares on May 1, 2026, valued at $24,900,000.