Meriwether Wealth & Planning LLC Invests $1.18 Million in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Meriwether Wealth & Planning LLC purchased a new stake in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 46,231 shares of the company’s stock, valued at approximately $1,177,000. VanEck Floating Rate ETF comprises approximately 0.8% of Meriwether Wealth & Planning LLC’s holdings, making the stock its 23rd largest position. Meriwether Wealth & Planning LLC owned approximately 0.08% of VanEck Floating Rate ETF as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. WealthPLAN Partners LLC grew its holdings in shares of VanEck Floating Rate ETF by 2.2% in the third quarter. WealthPLAN Partners LLC now owns 170,765 shares of the company’s stock valued at $4,349,000 after purchasing an additional 3,684 shares in the last quarter. Savvy Advisors Inc. lifted its position in VanEck Floating Rate ETF by 3.4% during the third quarter. Savvy Advisors Inc. now owns 16,729 shares of the company’s stock valued at $426,000 after purchasing an additional 544 shares during the last quarter. First Heartland Consultants Inc. purchased a new position in shares of VanEck Floating Rate ETF in the 3rd quarter worth $265,000. Oppenheimer & Co. Inc. increased its holdings in shares of VanEck Floating Rate ETF by 5.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 24,706 shares of the company’s stock worth $629,000 after buying an additional 1,250 shares during the last quarter. Finally, Concord Asset Management LLC VA raised 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 buying an additional 42,408 shares in the last quarter.

VanEck Floating Rate ETF Trading Up 0.1 %

FLTR opened at $25.49 on Monday. The stock has a 50-day moving average of $25.50 and a 200 day moving average of $25.47. VanEck Floating Rate ETF has a 12 month low of $25.00 and a 12 month 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.