VanEck Floating Rate ETF (NYSEARCA:FLTR – Get Free Report) shares hit a new 52-week high on Thursday . The company traded as high as $25.56 and last traded at $25.55, with a volume of 57462 shares trading hands. The stock had previously closed at $25.55.
VanEck Floating Rate ETF Stock Down 0.0 %
The firm’s 50 day simple moving average is $25.49 and its 200-day simple moving average is $25.45.
Hedge Funds Weigh In On VanEck Floating Rate ETF
Several institutional investors have recently bought and sold shares of FLTR. Strategic Financial Concepts LLC grew its holdings in VanEck Floating Rate ETF by 3,267.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 11,667,315 shares of the company’s stock valued at $296,933,000 after purchasing an additional 11,320,822 shares during the last quarter. Demars Financial Group LLC boosted its position in shares of VanEck Floating Rate ETF by 2,317.3% in the 4th quarter. Demars Financial Group LLC now owns 5,409,368 shares of the company’s stock worth $137,668,000 after buying an additional 5,185,595 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in VanEck Floating Rate ETF in the 4th quarter valued at about $25,659,000. LPL Financial LLC increased its holdings in VanEck Floating Rate ETF by 33.6% during the 4th quarter. LPL Financial LLC now owns 3,074,762 shares of the company’s stock valued at $78,253,000 after acquiring an additional 772,961 shares in the last quarter. Finally, Ocean Park Asset Management LLC acquired a new position in VanEck Floating Rate ETF during the fourth quarter worth about $14,932,000.
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.
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