White Pine Investment CO raised its holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR – Free Report) by 61.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 346,952 shares of the company’s stock after acquiring an additional 132,680 shares during the period. VanEck Floating Rate ETF makes up approximately 2.4% of White Pine Investment CO’s investment portfolio, making the stock its 13th largest position. White Pine Investment CO owned about 0.57% of VanEck Floating Rate ETF worth $8,830,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of FLTR. Goldstone Financial Group LLC purchased a new stake in shares of VanEck Floating Rate ETF in the 3rd quarter valued at approximately $202,000. CHB Investment Group LLC purchased a new position in VanEck Floating Rate ETF in the third quarter worth approximately $229,000. PFG Investments LLC acquired a new stake in VanEck Floating Rate ETF during the third quarter worth $248,000. First Heartland Consultants Inc. purchased a new stake in VanEck Floating Rate ETF in the third quarter valued at $265,000. Finally, Boyce & Associates Wealth Consulting Inc. lifted its stake in shares of VanEck Floating Rate ETF by 7.9% in the 4th quarter. Boyce & Associates Wealth Consulting Inc. now owns 11,177 shares of the company’s stock valued at $284,000 after purchasing an additional 818 shares during the last quarter.
VanEck Floating Rate ETF Price Performance
Shares of NYSEARCA:FLTR opened at $25.51 on Wednesday. VanEck Floating Rate ETF has a 12-month low of $25.00 and a 12-month high of $25.54. The business has a 50-day moving average price of $25.48 and a 200 day moving average price of $25.44.
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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