WealthShield Partners LLC boosted its holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR – Free Report) by 558.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 379,237 shares of the company’s stock after purchasing an additional 321,649 shares during the quarter. VanEck Floating Rate ETF makes up 1.4% of WealthShield Partners LLC’s portfolio, making the stock its 15th largest position. WealthShield Partners LLC’s holdings in VanEck Floating Rate ETF were worth $9,652,000 at the end of the most recent reporting period.
A number of other institutional investors have also bought and sold shares of FLTR. Strategic Financial Concepts LLC increased its stake in VanEck Floating Rate ETF by 3,267.3% in the 4th quarter. Strategic Financial Concepts LLC now owns 11,667,315 shares of the company’s stock worth $296,933,000 after buying an additional 11,320,822 shares in the last quarter. Ocean Park Asset Management LLC purchased a new position in shares of VanEck Floating Rate ETF during the fourth quarter valued at about $14,932,000. Twelve Points Wealth Management LLC purchased a new position in shares of VanEck Floating Rate ETF during the fourth quarter valued at about $11,504,000. Parsons Capital Management Inc. RI purchased a new position in shares of VanEck Floating Rate ETF during the fourth quarter valued at about $6,467,000. Finally, Consolidated Planning Corp purchased a new position in shares of VanEck Floating Rate ETF during the fourth quarter valued at about $4,533,000.
VanEck Floating Rate ETF Stock Performance
Shares of VanEck Floating Rate ETF stock opened at $25.56 on Monday. The business has a 50-day moving average price of $25.50 and a 200-day moving average price of $25.45. VanEck Floating Rate ETF has a twelve month low of $25.00 and a twelve month high of $25.56.
VanEck Floating Rate ETF Company 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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