Transform Wealth LLC Trims Stake in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Transform Wealth LLC cut its stake in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 8.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 203,365 shares of the company’s stock after selling 19,096 shares during the period. Transform Wealth LLC owned 0.33% of VanEck Floating Rate ETF worth $5,180,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Redhawk Wealth Advisors Inc. raised its holdings in VanEck Floating Rate ETF by 26.6% in the third quarter. Redhawk Wealth Advisors Inc. now owns 48,390 shares of the company’s stock worth $1,232,000 after purchasing an additional 10,161 shares in the last quarter. Concourse Financial Group Securities Inc. increased its stake in shares of VanEck Floating Rate ETF by 4.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 173,838 shares of the company’s stock worth $4,428,000 after acquiring an additional 6,744 shares in the last quarter. Montis Financial LLC increased its stake in shares of VanEck Floating Rate ETF by 61.1% in the 3rd quarter. Montis Financial LLC now owns 143,726 shares of the company’s stock worth $3,661,000 after acquiring an additional 54,529 shares in the last quarter. Brookstone Capital Management lifted its position in VanEck Floating Rate ETF by 59.4% during the 3rd quarter. Brookstone Capital Management now owns 31,077 shares of the company’s stock valued at $792,000 after acquiring an additional 11,583 shares during the period. Finally, Callan Family Office LLC bought a new stake in VanEck Floating Rate ETF during the third quarter worth about $304,000.

VanEck Floating Rate ETF Price Performance

Shares of NYSEARCA FLTR traded up $0.01 on Wednesday, reaching $25.43. 118,623 shares of the company’s stock traded hands, compared to its average volume of 654,379. The business’s 50 day simple moving average is $25.40 and its two-hundred day simple moving average is $25.42. VanEck Floating Rate ETF has a 12 month low of $25.00 and a 12 month high of $25.52.

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.