PNC Financial Services Group Inc. Has $30,000 Holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR)

PNC Financial Services Group Inc. cut its position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 63.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,170 shares of the company’s stock after selling 2,014 shares during the period. PNC Financial Services Group Inc.’s holdings in VanEck Floating Rate ETF were worth $30,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. IFP Advisors Inc increased its stake in shares of VanEck Floating Rate ETF by 56.2% during the 4th quarter. IFP Advisors Inc now owns 2,731 shares of the company’s stock worth $70,000 after purchasing an additional 983 shares during the last quarter. Principal Securities Inc. increased its position in VanEck Floating Rate ETF by 29.4% during the fourth quarter. Principal Securities Inc. now owns 5,082 shares of the company’s stock worth $129,000 after buying an additional 1,155 shares during the last quarter. Sanctuary Advisors LLC bought a new position in VanEck Floating Rate ETF during the fourth quarter valued at about $248,000. PFG Investments LLC lifted its position in shares of VanEck Floating Rate ETF by 7.8% in the fourth quarter. PFG Investments LLC now owns 10,508 shares of the company’s stock worth $267,000 after buying an additional 759 shares during the last quarter. Finally, Greater Midwest Financial Group LLC acquired a new stake in shares of VanEck Floating Rate ETF in the fourth quarter worth about $281,000.

VanEck Floating Rate ETF Stock Performance

FLTR opened at $25.53 on Friday. The business has a 50 day moving average price of $25.52 and a 200 day moving average price of $25.48. 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.