Ocean Park Asset Management LLC Takes $14.93 Million Position in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Ocean Park Asset Management LLC acquired a new position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 586,700 shares of the company’s stock, valued at approximately $14,932,000. Ocean Park Asset Management LLC owned 0.97% of VanEck Floating Rate ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in FLTR. Goldstone Financial Group LLC acquired a new position in shares of VanEck Floating Rate ETF in the 3rd quarter valued at $202,000. CHB Investment Group LLC acquired a new position in VanEck Floating Rate ETF in the third quarter valued at about $229,000. PFG Investments LLC acquired a new position in VanEck Floating Rate ETF in the third quarter valued at about $248,000. First Heartland Consultants Inc. bought a new stake in shares of VanEck Floating Rate ETF in the third quarter worth about $265,000. Finally, Greater Midwest Financial Group LLC acquired a new stake in shares of VanEck Floating Rate ETF during the fourth quarter worth about $281,000.

VanEck Floating Rate ETF Trading Down 0.0 %

Shares of FLTR opened at $25.48 on Tuesday. The stock has a 50 day simple moving average of $25.48 and a 200 day simple moving average of $25.45. VanEck Floating Rate ETF has a 52-week low of $25.00 and a 52-week high of $25.56.

VanEck Floating Rate ETF 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.