Twelve Points Wealth Management LLC Purchases New Holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Twelve Points Wealth Management LLC purchased a new position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 452,043 shares of the company’s stock, valued at approximately $11,504,000. VanEck Floating Rate ETF accounts for approximately 3.3% of Twelve Points Wealth Management LLC’s portfolio, making the stock its 3rd biggest holding.

A number of other institutional investors have also recently bought and sold shares of the business. Cetera Investment Advisers increased its stake in shares of VanEck Floating Rate ETF by 133.8% during the 2nd quarter. Cetera Investment Advisers now owns 180,051 shares of the company’s stock worth $4,593,000 after purchasing an additional 103,025 shares during the last quarter. Silvia Mccoll Wealth Management LLC bought a new stake in shares of VanEck Floating Rate ETF in the third quarter valued at $952,000. Park Avenue Securities LLC lifted its position in shares of VanEck Floating Rate ETF by 7.2% during the 3rd quarter. Park Avenue Securities LLC now owns 45,851 shares of the company’s stock valued at $1,168,000 after buying an additional 3,084 shares during the last quarter. City Center Advisors LLC grew its stake in shares of VanEck Floating Rate ETF by 48.1% during the 3rd quarter. City Center Advisors LLC now owns 19,649 shares of the company’s stock worth $500,000 after acquiring an additional 6,379 shares during the period. Finally, Callan Family Office LLC purchased a new stake in VanEck Floating Rate ETF in the 3rd quarter worth about $304,000.

VanEck Floating Rate ETF Stock Up 0.1 %

NYSEARCA FLTR opened at $25.54 on Wednesday. VanEck Floating Rate ETF has a 52 week low of $25.00 and a 52 week high of $25.54. The firm’s 50-day simple moving average is $25.48 and its two-hundred day simple moving average is $25.44.

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.