Bensler LLC Has $19.28 Million Stock Position in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Bensler LLC grew its stake in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 12.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 755,601 shares of the company’s stock after buying an additional 83,145 shares during the quarter. VanEck Floating Rate ETF comprises 2.6% of Bensler LLC’s holdings, making the stock its 9th biggest position. Bensler LLC’s holdings in VanEck Floating Rate ETF were worth $19,275,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Avalon Capital Management bought a new stake in VanEck Floating Rate ETF during the first quarter worth approximately $9,271,000. Family Firm Inc. increased its position in shares of VanEck Floating Rate ETF by 126.1% during the 2nd quarter. Family Firm Inc. now owns 647,004 shares of the company’s stock valued at $16,505,000 after purchasing an additional 360,867 shares during the period. Transform Wealth LLC acquired a new position in shares of VanEck Floating Rate ETF during the 2nd quarter valued at $5,675,000. Coppell Advisory Solutions Corp. acquired a new position in shares of VanEck Floating Rate ETF during the 1st quarter valued at $4,763,000. Finally, Nisa Investment Advisors LLC acquired a new position in shares of VanEck Floating Rate ETF during the 2nd quarter valued at $4,556,000.

VanEck Floating Rate ETF Stock Up 0.1 %

Shares of FLTR stock traded up $0.02 during mid-day trading on Tuesday, hitting $25.45. 337,499 shares of the stock traded hands, compared to its average volume of 671,313. VanEck Floating Rate ETF has a twelve month low of $25.00 and a twelve month high of $25.52. The company’s 50-day simple moving average is $25.42 and its 200-day simple moving average is $25.43.

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.