VanEck Floating Rate ETF (NYSEARCA:FLTR) Shares Acquired by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC raised its stake in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 25.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 812,947 shares of the company’s stock after acquiring an additional 167,475 shares during the quarter. VanEck Floating Rate ETF makes up 1.7% of Arete Wealth Advisors LLC’s portfolio, making the stock its 8th biggest position. Arete Wealth Advisors LLC owned 1.34% of VanEck Floating Rate ETF worth $20,699,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in FLTR. Harbour Investments Inc. lifted its position in VanEck Floating Rate ETF by 8.0% in the 2nd quarter. Harbour Investments Inc. now owns 6,633 shares of the company’s stock valued at $169,000 after purchasing an additional 494 shares during the last quarter. Savvy Advisors Inc. lifted its position in VanEck Floating Rate ETF by 3.4% in the 3rd 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 lifted its position in VanEck Floating Rate ETF by 2.4% in the 3rd quarter. IHT Wealth Management LLC now owns 25,629 shares of the company’s stock valued at $653,000 after purchasing an additional 589 shares during the last quarter. Van ECK Associates Corp lifted its position in VanEck Floating Rate ETF by 294.7% in the 2nd quarter. Van ECK Associates Corp now owns 1,042 shares of the company’s stock valued at $27,000 after purchasing an additional 778 shares during the last quarter. Finally, Stonebridge Financial Planning Group LLC lifted its position in VanEck Floating Rate ETF by 9.6% in the 2nd quarter. Stonebridge Financial Planning Group LLC now owns 11,633 shares of the company’s stock valued at $297,000 after purchasing an additional 1,020 shares during the last quarter.

VanEck Floating Rate ETF Stock Performance

Shares of NYSEARCA:FLTR opened at $25.52 on Friday. The company’s 50-day moving average price is $25.45 and its 200 day moving average price is $25.43. VanEck Floating Rate ETF has a fifty-two week low of $25.00 and a fifty-two week high of $25.53.

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.