Wealthspire Advisors LLC Invests $1.98 Million in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Wealthspire Advisors LLC bought a new stake in VanEck Floating Rate ETF (NYSEARCA:FLTR) in the 4th quarter, Holdings Channel.com reports. The fund bought 77,600 shares of the company’s stock, valued at approximately $1,975,000.

Several other institutional investors have also recently added to or reduced their stakes in FLTR. Raymond James & Associates grew its position in VanEck Floating Rate ETF by 11.1% in the 3rd quarter. Raymond James & Associates now owns 263,795 shares of the company’s stock valued at $6,719,000 after acquiring an additional 26,364 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of VanEck Floating Rate ETF by 71.4% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,000 shares of the company’s stock valued at $306,000 after purchasing an additional 5,000 shares during the period. PFG Investments LLC purchased a new position in shares of VanEck Floating Rate ETF in the third quarter valued at approximately $248,000. Integrated Advisors Network LLC grew its holdings in shares of VanEck Floating Rate ETF by 21.9% in the third quarter. Integrated Advisors Network LLC now owns 12,220 shares of the company’s stock valued at $311,000 after purchasing an additional 2,195 shares in the last quarter. Finally, Goldstone Financial Group LLC purchased a new stake in VanEck Floating Rate ETF during the 3rd quarter worth approximately $202,000.

VanEck Floating Rate ETF Trading Up 0.0 %

VanEck Floating Rate ETF stock opened at $25.57 on Tuesday. VanEck Floating Rate ETF has a 52-week low of $25.00 and a 52-week high of $25.57. The company’s 50 day moving average is $25.50 and its two-hundred day moving average is $25.45.

VanEck Floating Rate ETF Profile

The VanEck Investment Grade Floating Rate ETF (FLTR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US dollar-denominated, investment-grade floating-rate notes issued by corporate entities. FLTR was launched on Apr 25, 2011 and is managed by VanEck.