VanEck Floating Rate ETF (NYSEARCA:FLTR) is Atlas Financial Advisors Inc.’s 8th Largest Position

Atlas Financial Advisors Inc. grew its stake in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 59.3% during the 2nd quarter, HoldingsChannel reports. The fund owned 41,782 shares of the company’s stock after buying an additional 15,557 shares during the period. VanEck Floating Rate ETF comprises 1.8% of Atlas Financial Advisors Inc.’s portfolio, making the stock its 8th biggest holding. Atlas Financial Advisors Inc.’s holdings in VanEck Floating Rate ETF were worth $1,066,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the stock. Benjamin F. Edwards & Company Inc. purchased a new position in shares of VanEck Floating Rate ETF during the 4th quarter valued at $43,000. Private Advisor Group LLC grew its position in VanEck Floating Rate ETF by 13.1% during the fourth quarter. Private Advisor Group LLC now owns 13,825 shares of the company’s stock worth $348,000 after buying an additional 1,602 shares in the last quarter. Principal Securities Inc. bought a new position in VanEck Floating Rate ETF in the 4th quarter worth about $64,000. Cary Street Partners Investment Advisory LLC raised its holdings in shares of VanEck Floating Rate ETF by 1.7% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 102,264 shares of the company’s stock valued at $2,572,000 after acquiring an additional 1,727 shares in the last quarter. Finally, NBC Securities Inc. boosted its position in shares of VanEck Floating Rate ETF by 35.0% during the 4th quarter. NBC Securities Inc. now owns 3,565 shares of the company’s stock valued at $89,000 after acquiring an additional 925 shares during the last quarter.

VanEck Floating Rate ETF Stock Performance

FLTR stock opened at $25.35 on Friday. The company’s 50 day moving average is $25.40 and its 200 day moving average is $25.43. VanEck Floating Rate ETF has a 1-year low of $25.00 and a 1-year high of $25.52.

About VanEck Floating Rate ETF

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.