Root Financial Partners LLC bought a new stake in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR – Free Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 16,285 shares of the company’s stock, valued at approximately $414,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Goldstone Financial Group LLC bought a new stake in VanEck Floating Rate ETF during the third quarter worth approximately $202,000. CHB Investment Group LLC bought a new stake in shares of VanEck Floating Rate ETF in the 3rd quarter worth $229,000. PFG Investments LLC acquired a new stake in shares of VanEck Floating Rate ETF in the third quarter valued at $248,000. First Heartland Consultants Inc. bought a new position in VanEck Floating Rate ETF during the third quarter valued at about $265,000. Finally, Greater Midwest Financial Group LLC acquired a new position in VanEck Floating Rate ETF during the fourth quarter worth about $281,000.
VanEck Floating Rate ETF Price Performance
Shares of NYSEARCA FLTR opened at $25.51 on Friday. VanEck Floating Rate ETF has a twelve month low of $25.00 and a twelve month high of $25.56. The firm has a 50-day moving average of $25.49 and a two-hundred day moving average of $25.45.
About VanEck Floating Rate ETF
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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