Corient Private Wealth LLC Has $16.89 Million Stock Holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Corient Private Wealth LLC lessened its holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 42.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 663,547 shares of the company’s stock after selling 480,063 shares during the period. Corient Private Wealth LLC owned approximately 1.09% of VanEck Floating Rate ETF worth $16,887,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Strategic Financial Concepts LLC increased its holdings in shares of VanEck Floating Rate ETF by 3,267.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 11,667,315 shares of the company’s stock worth $296,933,000 after buying an additional 11,320,822 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of VanEck Floating Rate ETF during the fourth quarter worth approximately $25,659,000. Ocean Park Asset Management LLC acquired a new stake in shares of VanEck Floating Rate ETF during the fourth quarter worth approximately $14,932,000. Twelve Points Wealth Management LLC acquired a new stake in shares of VanEck Floating Rate ETF during the fourth quarter worth approximately $11,504,000. Finally, Fusion Capital LLC increased its holdings in shares of VanEck Floating Rate ETF by 537.2% during the fourth quarter. Fusion Capital LLC now owns 477,625 shares of the company’s stock worth $12,156,000 after buying an additional 402,670 shares in the last quarter.

VanEck Floating Rate ETF Price Performance

Shares of VanEck Floating Rate ETF stock opened at $25.53 on Thursday. The firm has a 50 day simple moving average of $25.51 and a 200 day simple moving average of $25.47. VanEck Floating Rate ETF has a fifty-two week low of $25.00 and a fifty-two 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.