Raymond James Financial Inc. acquired a new stake in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR – Free Report) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 1,008,199 shares of the company’s stock, valued at approximately $25,659,000.
Several other institutional investors and hedge funds have also added to or reduced their stakes in FLTR. IFP Advisors Inc boosted its position in shares of VanEck Floating Rate ETF by 56.2% in the 4th quarter. IFP Advisors Inc now owns 2,731 shares of the company’s stock worth $70,000 after purchasing an additional 983 shares in the last quarter. Principal Securities Inc. grew its stake in shares of VanEck Floating Rate ETF by 29.4% in the fourth quarter. Principal Securities Inc. now owns 5,082 shares of the company’s stock worth $129,000 after acquiring an additional 1,155 shares during the period. SageOak Financial LLC bought a new stake in shares of VanEck Floating Rate ETF in the fourth quarter worth $218,000. Sanctuary Advisors LLC purchased a new stake in VanEck Floating Rate ETF during the fourth quarter valued at approximately $248,000. Finally, PFG Investments LLC raised its holdings in VanEck Floating Rate ETF by 7.8% in the 4th quarter. PFG Investments LLC now owns 10,508 shares of the company’s stock worth $267,000 after purchasing an additional 759 shares during the period.
VanEck Floating Rate ETF Stock Performance
Shares of FLTR stock opened at $25.32 on Friday. The company’s fifty day moving average price is $25.43 and its 200-day moving average price is $25.45. VanEck Floating Rate ETF has a one year low of $24.59 and a one year high of $25.58.
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.
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Want to see what other hedge funds are holding FLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Floating Rate ETF (NYSEARCA:FLTR – Free Report).
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