Sigma Planning Corp Invests $287,000 in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Sigma Planning Corp bought a new position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 11,420 shares of the company’s stock, valued at approximately $287,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Baldwin Brothers LLC MA bought a new position in shares of VanEck Floating Rate ETF during the 4th quarter worth approximately $28,000. IFP Advisors Inc bought a new position in shares of VanEck Floating Rate ETF during the 3rd quarter worth approximately $30,000. WealthShield Partners LLC bought a new position in shares of VanEck Floating Rate ETF during the 4th quarter worth approximately $60,000. NBC Securities Inc. bought a new position in shares of VanEck Floating Rate ETF during the 3rd quarter worth approximately $66,000. Finally, Capital Analysts LLC boosted its stake in shares of VanEck Floating Rate ETF by 253.1% during the 4th quarter. Capital Analysts LLC now owns 3,842 shares of the company’s stock worth $97,000 after acquiring an additional 2,754 shares during the period.

VanEck Floating Rate ETF Trading Up 0.1 %

Shares of NYSEARCA FLTR opened at $25.50 on Friday. The stock has a 50 day moving average of $25.43 and a 200-day moving average of $25.29. VanEck Floating Rate ETF has a 12 month low of $24.93 and a 12 month high of $25.51.

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.