Oppenheimer & Co. Inc. grew its position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR – Free Report) by 43.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 35,322 shares of the company’s stock after acquiring an additional 10,616 shares during the period. Oppenheimer & Co. Inc.’s holdings in VanEck Floating Rate ETF were worth $899,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. IFP Advisors Inc increased its stake in VanEck Floating Rate ETF by 56.2% during the fourth quarter. IFP Advisors Inc now owns 2,731 shares of the company’s stock worth $70,000 after acquiring an additional 983 shares during the last quarter. Principal Securities Inc. increased its stake 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 acquiring an additional 1,155 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of VanEck Floating Rate ETF in the fourth quarter worth about $248,000. First Heartland Consultants Inc. purchased a new stake in shares of VanEck Floating Rate ETF in the third quarter worth about $265,000. Finally, PFG Investments LLC boosted 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 period.
VanEck Floating Rate ETF Stock Up 0.0 %
Shares of NYSEARCA FLTR opened at $25.48 on Thursday. VanEck Floating Rate ETF has a 1-year low of $25.00 and a 1-year high of $25.58. The business has a 50-day moving average of $25.50 and a 200-day moving average of $25.46.
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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Want to see what other hedge funds are holding FLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Floating Rate ETF (NYSEARCA:FLTR – Free Report).
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