Shares of VanEck Floating Rate ETF (NYSEARCA:FLTR – Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 2,189,210 shares changed hands during mid-day trading, an increase of 228% from the previous session’s volume of 667,409 shares.The stock last traded at $25.49 and had previously closed at $25.51.
VanEck Floating Rate ETF Price Performance
The stock’s 50 day moving average is $25.42 and its two-hundred day moving average is $25.43.
Hedge Funds Weigh In On VanEck Floating Rate ETF
A number of large investors have recently bought and sold shares of the company. White Pine Investment CO lifted its stake in VanEck Floating Rate ETF by 1.4% in the third quarter. White Pine Investment CO now owns 214,272 shares of the company’s stock valued at $5,458,000 after acquiring an additional 2,891 shares during the last quarter. Farther Finance Advisors LLC bought a new position in VanEck Floating Rate ETF during the 3rd quarter worth $541,000. Atlas Financial Advisors Inc. boosted its holdings in VanEck Floating Rate ETF by 43.7% in the 3rd quarter. Atlas Financial Advisors Inc. now owns 60,053 shares of the company’s stock valued at $1,530,000 after purchasing an additional 18,271 shares during the period. Goldstone Financial Group LLC bought a new position in VanEck Floating Rate ETF during the 3rd quarter worth $202,000. Finally, Integrated Advisors Network LLC raised its stake in VanEck Floating Rate ETF by 21.9% in the third quarter. Integrated Advisors Network LLC now owns 12,220 shares of the company’s stock valued at $311,000 after purchasing an additional 2,195 shares in the last quarter.
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.
Featured Stories
- Five stocks we like better than VanEck Floating Rate ETF
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Microsoft Can Hit New All-Time Highs This Year – Here’s Why
- How to Invest in Blue Chip Stocks
- Zillow Stock’s Bull Case: Why This Recent Sell-Off Could Be a Buy
- Utilities Stocks Explained – How and Why to Invest in Utilities
- IonQ’s Quantum Surge: Ride the Wave or Cash Out?
Receive News & Ratings for VanEck Floating Rate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Floating Rate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
