Arete Wealth Advisors LLC Buys 15,603 Shares of VanEck Floating Rate ETF (NYSEARCA:FLTR)

Arete Wealth Advisors LLC grew its position in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 1.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 828,550 shares of the company’s stock after buying an additional 15,603 shares during the quarter. VanEck Floating Rate ETF accounts for about 1.5% of Arete Wealth Advisors LLC’s portfolio, making the stock its 11th largest holding. Arete Wealth Advisors LLC owned about 1.36% of VanEck Floating Rate ETF worth $21,083,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in FLTR. IHT Wealth Management LLC raised its position in VanEck Floating Rate ETF by 2.4% during the third quarter. IHT Wealth Management LLC now owns 25,629 shares of the company’s stock valued at $653,000 after purchasing an additional 589 shares in the last quarter. PFG Investments LLC increased its stake in shares of VanEck Floating Rate ETF by 7.8% in the 4th quarter. PFG Investments LLC now owns 10,508 shares of the company’s stock valued at $267,000 after purchasing an additional 759 shares during the last quarter. Kovack Advisors Inc. raised its holdings in shares of VanEck Floating Rate ETF by 0.6% during the 4th quarter. Kovack Advisors Inc. now owns 132,517 shares of the company’s stock worth $3,373,000 after buying an additional 780 shares in the last quarter. Boyce & Associates Wealth Consulting Inc. lifted its position in shares of VanEck Floating Rate ETF by 7.9% during the 4th quarter. Boyce & Associates Wealth Consulting Inc. now owns 11,177 shares of the company’s stock worth $284,000 after buying an additional 818 shares during the last quarter. Finally, IFP Advisors Inc boosted its stake 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 buying an additional 983 shares in the last quarter.

VanEck Floating Rate ETF Trading Up 0.0 %

VanEck Floating Rate ETF stock opened at $25.45 on Thursday. VanEck Floating Rate ETF has a 12-month low of $25.00 and a 12-month high of $25.58. The business’s 50-day moving average price is $25.52 and its two-hundred day moving average price is $25.48.

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.