CHB Investment Group LLC Makes New Investment in VanEck Floating Rate ETF (NYSEARCA:FLTR)

CHB Investment Group LLC acquired a new position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 9,006 shares of the company’s stock, valued at approximately $229,000.

A number of other institutional investors also recently modified their holdings of FLTR. Strategic Financial Concepts LLC acquired a new stake in VanEck Floating Rate ETF during the 2nd quarter valued at $158,758,000. LPL Financial LLC lifted its position in VanEck Floating Rate ETF by 36.4% during the 2nd quarter. LPL Financial LLC now owns 2,141,838 shares of the company’s stock worth $54,638,000 after buying an additional 571,178 shares in the last quarter. Renaissance Technologies LLC lifted its position in VanEck Floating Rate ETF by 61.7% during the 2nd quarter. Renaissance Technologies LLC now owns 1,542,400 shares of the company’s stock worth $39,347,000 after buying an additional 588,300 shares in the last quarter. Edmonds Duncan Registered Investment Advisors LLC grew its holdings in VanEck Floating Rate ETF by 2.0% during the 1st quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 1,509,466 shares of the company’s stock worth $38,506,000 after acquiring an additional 29,179 shares during the last quarter. Finally, KFA Private Wealth Group LLC increased its position in VanEck Floating Rate ETF by 5.8% in the 1st quarter. KFA Private Wealth Group LLC now owns 970,195 shares of the company’s stock valued at $24,750,000 after acquiring an additional 53,561 shares in the last quarter.

VanEck Floating Rate ETF Stock Performance

Shares of FLTR opened at $25.44 on Friday. The business’s fifty day moving average price is $25.41 and its two-hundred day moving average price is $25.42. VanEck Floating Rate ETF has a 52 week low of $25.00 and a 52 week high of $25.52.

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.