Prevail Innovative Wealth Advisors LLC Has $511,000 Stock Position in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Prevail Innovative Wealth Advisors LLC lifted its stake in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 44.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,091 shares of the company’s stock after buying an additional 6,144 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in VanEck Floating Rate ETF were worth $511,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. IFP Advisors Inc raised its stake in VanEck Floating Rate ETF by 56.2% during the fourth quarter. IFP Advisors Inc now owns 2,731 shares of the company’s stock worth $70,000 after acquiring an additional 983 shares in the last quarter. Principal Securities Inc. grew its holdings in shares of VanEck Floating Rate ETF by 29.4% in the 4th quarter. Principal Securities Inc. now owns 5,082 shares of the company’s stock worth $129,000 after purchasing an additional 1,155 shares during the last quarter. SageOak Financial LLC acquired a new stake in shares of VanEck Floating Rate ETF during the 4th quarter worth about $218,000. Sanctuary Advisors LLC bought a new position in VanEck Floating Rate ETF during the 4th quarter valued at about $248,000. Finally, PFG Investments LLC boosted its position in VanEck Floating Rate ETF by 7.8% in the fourth quarter. PFG Investments LLC now owns 10,508 shares of the company’s stock valued at $267,000 after buying an additional 759 shares in the last quarter.

VanEck Floating Rate ETF Stock Up 0.0 %

NYSEARCA FLTR opened at $25.54 on Monday. The company has a 50 day moving average of $25.52 and a 200-day moving average of $25.48. VanEck Floating Rate ETF has a 1-year low of $25.00 and a 1-year high of $25.58.

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.