VanEck Floating Rate ETF (NYSEARCA:FLTR) Shares Purchased by PFG Advisors

PFG Advisors increased its position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 8.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,356 shares of the company’s stock after purchasing an additional 2,270 shares during the quarter. PFG Advisors’ holdings in VanEck Floating Rate ETF were worth $747,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Strategic Financial Concepts LLC lifted its holdings in shares of VanEck Floating Rate ETF by 3,267.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 11,667,315 shares of the company’s stock worth $296,933,000 after purchasing an additional 11,320,822 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of VanEck Floating Rate ETF during the fourth quarter worth about $25,659,000. Arete Wealth Advisors LLC raised its position in VanEck Floating Rate ETF by 25.9% during the third quarter. Arete Wealth Advisors LLC now owns 812,947 shares of the company’s stock valued at $20,699,000 after acquiring an additional 167,475 shares in the last quarter. Concord Asset Management LLC VA raised its position in VanEck Floating Rate ETF by 6.1% during the third quarter. Concord Asset Management LLC VA now owns 737,942 shares of the company’s stock valued at $18,795,000 after acquiring an additional 42,408 shares in the last quarter. Finally, Deseret Mutual Benefit Administrators raised its position in VanEck Floating Rate ETF by 4.7% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 704,119 shares of the company’s stock valued at $17,920,000 after acquiring an additional 31,782 shares in the last quarter.

VanEck Floating Rate ETF Trading Up 0.1 %

Shares of FLTR stock opened at $25.51 on Friday. The stock has a 50 day moving average of $25.51 and a 200 day moving average of $25.47. VanEck Floating Rate ETF has a twelve month low of $25.00 and a twelve month high of $25.58.

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.