Level Four Advisory Services LLC Sells 955 Shares of VanEck Floating Rate ETF (NYSEARCA:FLTR)

Level Four Advisory Services LLC reduced its position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 0.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 185,626 shares of the company’s stock after selling 955 shares during the quarter. Level Four Advisory Services LLC owned approximately 0.31% of VanEck Floating Rate ETF worth $4,724,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. IFP Advisors Inc boosted its holdings in VanEck Floating Rate ETF by 56.2% in the fourth quarter. IFP Advisors Inc now owns 2,731 shares of the company’s stock valued at $70,000 after acquiring an additional 983 shares in the last quarter. Principal Securities Inc. lifted its position 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 period. Sanctuary Advisors LLC bought a new stake in shares of VanEck Floating Rate ETF during the 4th quarter valued at about $248,000. Fusion Capital LLC increased its position 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 valued at $12,156,000 after buying an additional 402,670 shares during the period. Finally, Avantax Advisory Services Inc. raised its stake in VanEck Floating Rate ETF by 21.5% in the fourth quarter. Avantax Advisory Services Inc. now owns 76,896 shares of the company’s stock worth $1,957,000 after buying an additional 13,584 shares in the last quarter.

VanEck Floating Rate ETF Stock Performance

Shares of FLTR opened at $25.54 on Friday. VanEck Floating Rate ETF has a one year low of $25.00 and a one year high of $25.58. The company has a 50-day simple moving average of $25.52 and a two-hundred day simple moving average of $25.48.

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.