Apella Capital LLC Takes Position in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Apella Capital LLC purchased a new stake in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR – Get Rating) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 11,947 shares of the company’s stock, valued at approximately $297,000.

Several other institutional investors have also recently made changes to their positions in the company. First Horizon Advisors Inc. acquired a new stake in VanEck Floating Rate ETF in the 3rd quarter valued at approximately $27,000. EP Wealth Advisors LLC acquired a new stake in VanEck Floating Rate ETF in the 1st quarter valued at approximately $100,000. US Bancorp DE increased its holdings in VanEck Floating Rate ETF by 22.7% in the 3rd quarter. US Bancorp DE now owns 4,909 shares of the company’s stock valued at $122,000 after purchasing an additional 909 shares during the last quarter. Citigroup Inc. increased its holdings in VanEck Floating Rate ETF by 111.8% in the 1st quarter. Citigroup Inc. now owns 4,965 shares of the company’s stock valued at $125,000 after purchasing an additional 2,621 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. acquired a new stake in VanEck Floating Rate ETF in the 2nd quarter valued at approximately $200,000.

VanEck Floating Rate ETF Trading Up 0.1 %

VanEck Floating Rate ETF stock opened at $24.80 on Friday. VanEck Floating Rate ETF has a fifty-two week low of $24.32 and a fifty-two week high of $25.33. The firm has a 50 day moving average price of $25.14 and a 200 day moving average price of $24.96.

About VanEck Floating Rate ETF

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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.