Atlas Financial Advisors Inc. Boosts Stock Position in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Atlas Financial Advisors Inc. increased its position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 43.7% during the 3rd quarter, Holdings Channel reports. The firm owned 60,053 shares of the company’s stock after purchasing an additional 18,271 shares during the quarter. VanEck Floating Rate ETF makes up approximately 2.4% of Atlas Financial Advisors Inc.’s holdings, making the stock its 7th largest holding. Atlas Financial Advisors Inc.’s holdings in VanEck Floating Rate ETF were worth $1,530,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Strategic Financial Concepts LLC purchased a new stake in shares of VanEck Floating Rate ETF during the 2nd quarter valued at approximately $158,758,000. LPL Financial LLC raised its holdings in VanEck Floating Rate ETF by 36.4% during the 2nd quarter. LPL Financial LLC now owns 2,141,838 shares of the company’s stock valued at $54,638,000 after acquiring an additional 571,178 shares during the period. Renaissance Technologies LLC lifted its position in shares of VanEck Floating Rate ETF by 61.7% during the second quarter. Renaissance Technologies LLC now owns 1,542,400 shares of the company’s stock worth $39,347,000 after acquiring an additional 588,300 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of VanEck Floating Rate ETF by 108.7% in the second quarter. Envestnet Asset Management Inc. now owns 949,370 shares of the company’s stock worth $24,218,000 after acquiring an additional 494,368 shares during the period. Finally, Insight Wealth Strategies LLC grew its position in shares of VanEck Floating Rate ETF by 0.6% in the second quarter. Insight Wealth Strategies LLC now owns 786,589 shares of the company’s stock valued at $20,066,000 after purchasing an additional 4,534 shares in the last quarter.

VanEck Floating Rate ETF Trading Down 0.4 %

Shares of FLTR stock opened at $25.42 on Friday. VanEck Floating Rate ETF has a 52-week low of $25.00 and a 52-week high of $25.52. The business’s fifty day moving average is $25.42 and its 200 day moving average is $25.43.

VanEck Floating Rate ETF 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.