Pinnacle Wealth Planning Services Inc. Sells 125,869 Shares of VanEck Floating Rate ETF (NYSEARCA:FLTR)

Pinnacle Wealth Planning Services Inc. decreased its position in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 3.2% during the 4th quarter, Holdings Channel reports. The firm owned 3,857,832 shares of the company’s stock after selling 125,869 shares during the quarter. VanEck Floating Rate ETF comprises about 2.2% of Pinnacle Wealth Planning Services Inc.’s holdings, making the stock its 2nd biggest position. Pinnacle Wealth Planning Services Inc. owned about 0.06% of VanEck Floating Rate ETF worth $98,182,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Savvy Advisors Inc. grew its holdings in VanEck Floating Rate ETF by 3.4% in 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. IHT Wealth Management LLC boosted its stake in shares of 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 acquiring an additional 589 shares during the last quarter. PFG Investments LLC boosted its stake in shares of VanEck Floating Rate ETF by 7.8% during the fourth quarter. PFG Investments LLC now owns 10,508 shares of the company’s stock valued at $267,000 after acquiring an additional 759 shares during the last quarter. Kovack Advisors Inc. boosted its stake in shares of VanEck Floating Rate ETF by 0.6% during the fourth quarter. Kovack Advisors Inc. now owns 132,517 shares of the company’s stock valued at $3,373,000 after acquiring an additional 780 shares during the last quarter. Finally, Boyce & Associates Wealth Consulting Inc. boosted its stake in shares of VanEck Floating Rate ETF by 7.9% during the fourth quarter. Boyce & Associates Wealth Consulting Inc. now owns 11,177 shares of the company’s stock valued at $284,000 after acquiring an additional 818 shares during the last quarter.

VanEck Floating Rate ETF Stock Up 0.0 %

FLTR opened at $25.48 on Thursday. VanEck Floating Rate ETF has a 52 week low of $25.00 and a 52 week high of $25.58. The business’s fifty day simple moving average is $25.50 and its 200 day simple moving average is $25.46.

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.