PFG Advisors Purchases 2,270 Shares of VanEck Floating Rate ETF (NYSEARCA:FLTR)

PFG Advisors grew its position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 8.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 29,356 shares of the company’s stock after acquiring an additional 2,270 shares during the quarter. PFG Advisors’ holdings in VanEck Floating Rate ETF were worth $747,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Strategic Financial Concepts LLC boosted its position in shares of VanEck Floating Rate ETF by 3,267.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 11,667,315 shares of the company’s stock valued at $296,933,000 after acquiring an additional 11,320,822 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of VanEck Floating Rate ETF during the 4th quarter valued at approximately $25,659,000. Arete Wealth Advisors LLC boosted its position in shares of VanEck Floating Rate ETF by 25.9% during the 3rd quarter. Arete Wealth Advisors LLC now owns 812,947 shares of the company’s stock valued at $20,699,000 after acquiring an additional 167,475 shares during the last quarter. Concord Asset Management LLC VA boosted its position in shares of VanEck Floating Rate ETF by 6.1% during the 3rd quarter. Concord Asset Management LLC VA now owns 737,942 shares of the company’s stock valued at $18,795,000 after acquiring an additional 42,408 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators boosted its position in shares of VanEck Floating Rate ETF by 4.7% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 704,119 shares of the company’s stock valued at $17,920,000 after acquiring an additional 31,782 shares during the last quarter.

VanEck Floating Rate ETF Stock Performance

Shares of FLTR opened at $25.51 on Friday. The business has a fifty day moving average of $25.51 and a 200 day moving average of $25.47. VanEck Floating Rate ETF has a 52-week low of $25.00 and a 52-week 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.