102,017 Shares in VanEck Floating Rate ETF (NYSEARCA:FLTR) Purchased by Cary Street Partners Financial LLC

Cary Street Partners Financial LLC bought a new stake in VanEck Floating Rate ETF (NYSEARCA:FLTR) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 102,017 shares of the company’s stock, valued at approximately $2,596,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Synovus Financial Corp acquired a new stake in shares of VanEck Floating Rate ETF in the third quarter worth $294,000. Moller Wealth Partners boosted its holdings in VanEck Floating Rate ETF by 156.3% in the fourth quarter. Moller Wealth Partners now owns 20,504 shares of the company’s stock valued at $522,000 after purchasing an additional 12,504 shares during the last quarter. City Center Advisors LLC boosted its holdings in VanEck Floating Rate ETF by 14.1% in the fourth quarter. City Center Advisors LLC now owns 22,427 shares of the company’s stock valued at $571,000 after purchasing an additional 2,778 shares during the last quarter. Boyce & Associates Wealth Consulting Inc. grew its position in VanEck Floating Rate ETF by 7.9% during the 4th quarter. Boyce & Associates Wealth Consulting Inc. now owns 11,177 shares of the company’s stock worth $284,000 after purchasing an additional 818 shares during the period. Finally, CHB Investment Group LLC lifted its holdings in shares of VanEck Floating Rate ETF by 42.1% in the 4th quarter. CHB Investment Group LLC now owns 12,799 shares of the company’s stock valued at $326,000 after buying an additional 3,793 shares during the period.

VanEck Floating Rate ETF Stock Performance

Shares of FLTR opened at $25.33 on Wednesday. The stock’s 50-day moving average price is $25.38 and its 200-day moving average price is $25.45. VanEck Floating Rate ETF has a 52 week low of $24.59 and a 52 week high of $25.58.

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.