VanEck Floating Rate ETF (NYSEARCA:FLTR) Stake Trimmed by High Note Wealth LLC

High Note Wealth LLC trimmed its position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 5.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 365,861 shares of the company’s stock after selling 21,181 shares during the quarter. VanEck Floating Rate ETF makes up about 3.5% of High Note Wealth LLC’s investment portfolio, making the stock its 9th largest holding. High Note Wealth LLC’s holdings in VanEck Floating Rate ETF were worth $9,201,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in FLTR. Baldwin Brothers LLC MA acquired a new stake in VanEck Floating Rate ETF in the 4th quarter worth approximately $28,000. IFP Advisors Inc bought a new position in VanEck Floating Rate ETF in the 3rd quarter worth approximately $30,000. Comerica Bank bought a new position in VanEck Floating Rate ETF in the 3rd quarter worth approximately $62,000. NBC Securities Inc. bought a new position in VanEck Floating Rate ETF in the 3rd quarter worth approximately $66,000. Finally, EP Wealth Advisors LLC bought a new stake in shares of VanEck Floating Rate ETF during the first quarter valued at approximately $100,000.

VanEck Floating Rate ETF Trading Up 0.1 %

Shares of NYSEARCA:FLTR opened at $25.49 on Thursday. The business’s fifty day moving average price is $25.38 and its two-hundred day moving average price is $25.26. VanEck Floating Rate ETF has a fifty-two week low of $24.76 and a fifty-two week high of $25.50.

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.