VanEck Floating Rate ETF (NYSEARCA:FLTR) Shares Acquired by Modern Wealth Management LLC

Modern Wealth Management LLC raised its position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 26.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 574,634 shares of the company’s stock after buying an additional 118,466 shares during the period. Modern Wealth Management LLC owned about 0.95% of VanEck Floating Rate ETF worth $14,642,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Acorn Wealth Advisors LLC raised its stake in VanEck Floating Rate ETF by 12.9% in the third quarter. Acorn Wealth Advisors LLC now owns 12,207 shares of the company’s stock valued at $311,000 after buying an additional 1,396 shares in the last quarter. Bank of Montreal Can lifted its stake in VanEck Floating Rate ETF by 306.5% during the third quarter. Bank of Montreal Can now owns 80,900 shares of the company’s stock worth $2,060,000 after purchasing an additional 61,000 shares during the last quarter. All Terrain Financial Advisors LLC boosted its holdings in VanEck Floating Rate ETF by 31.5% in the third quarter. All Terrain Financial Advisors LLC now owns 158,194 shares of the company’s stock valued at $4,029,000 after purchasing an additional 37,874 shares in the last quarter. Hilltop Holdings Inc. purchased a new position in VanEck Floating Rate ETF in the third quarter valued at approximately $1,024,000. Finally, IHT Wealth Management LLC raised its holdings in VanEck Floating Rate ETF by 2.4% during the third quarter. IHT Wealth Management LLC now owns 25,629 shares of the company’s stock worth $653,000 after purchasing an additional 589 shares in the last quarter.

VanEck Floating Rate ETF Price Performance

NYSEARCA FLTR opened at $25.54 on Tuesday. The firm’s fifty day moving average price is $25.51 and its 200 day moving average price is $25.47. VanEck Floating Rate ETF has a 12 month low of $25.00 and a 12 month high of $25.58.

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.