Strategic Financial Concepts LLC Grows Stock Holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Strategic Financial Concepts LLC lifted its stake in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 3,267.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,667,315 shares of the company’s stock after purchasing an additional 11,320,822 shares during the period. Strategic Financial Concepts LLC owned 19.21% of VanEck Floating Rate ETF worth $296,933,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in FLTR. Savvy Advisors Inc. boosted its stake in VanEck Floating Rate ETF by 3.4% during the third quarter. Savvy Advisors Inc. now owns 16,729 shares of the company’s stock worth $426,000 after buying an additional 544 shares during the last quarter. IHT Wealth Management LLC boosted its position in shares of VanEck Floating Rate ETF by 2.4% during the 3rd 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 grew its holdings in shares of VanEck Floating Rate ETF by 7.8% in the fourth quarter. PFG Investments LLC now owns 10,508 shares of the company’s stock valued at $267,000 after purchasing an additional 759 shares during the period. Boyce & Associates Wealth Consulting Inc. grew its holdings in shares of VanEck Floating Rate ETF by 7.9% in the fourth quarter. Boyce & Associates Wealth Consulting Inc. now owns 11,177 shares of the company’s stock valued at $284,000 after purchasing an additional 818 shares during the period. Finally, Oppenheimer & Co. Inc. increased its position in VanEck Floating Rate ETF by 5.3% during the third quarter. Oppenheimer & Co. Inc. now owns 24,706 shares of the company’s stock worth $629,000 after purchasing an additional 1,250 shares during the last quarter.

VanEck Floating Rate ETF Trading Up 0.1 %

NYSEARCA:FLTR opened at $25.48 on Friday. The company’s 50-day moving average is $25.48 and its two-hundred day moving average is $25.45. VanEck Floating Rate ETF has a 1-year low of $25.00 and a 1-year high of $25.56.

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.