VanEck Floating Rate ETF (NYSEARCA:FLTR) Position Trimmed by EP Wealth Advisors LLC

EP Wealth Advisors LLC reduced its holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 18.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 26,946 shares of the company’s stock after selling 6,079 shares during the quarter. EP Wealth Advisors LLC’s holdings in VanEck Floating Rate ETF were worth $686,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. PFG Investments LLC increased its holdings in shares of VanEck Floating Rate ETF by 7.8% in the 4th quarter. PFG Investments LLC now owns 10,508 shares of the company’s stock worth $267,000 after acquiring an additional 759 shares during the period. IHT Wealth Management LLC increased its stake in shares of VanEck Floating Rate ETF by 3.0% in the fourth quarter. IHT Wealth Management LLC now owns 26,388 shares of the company’s stock valued at $672,000 after purchasing an additional 759 shares during the period. Kovack Advisors Inc. raised its holdings in shares of VanEck Floating Rate ETF by 0.6% during the fourth quarter. Kovack Advisors Inc. now owns 132,517 shares of the company’s stock valued at $3,373,000 after buying an additional 780 shares during the last quarter. Boyce & Associates Wealth Consulting Inc. boosted its position in shares of VanEck Floating Rate ETF by 7.9% during the fourth quarter. Boyce & Associates Wealth Consulting Inc. now owns 11,177 shares of the company’s stock worth $284,000 after buying an additional 818 shares during the period. Finally, IFP Advisors Inc grew its holdings in VanEck Floating Rate ETF by 56.2% in the 4th quarter. IFP Advisors Inc now owns 2,731 shares of the company’s stock worth $70,000 after buying an additional 983 shares in the last quarter.

VanEck Floating Rate ETF Price Performance

Shares of VanEck Floating Rate ETF stock opened at $25.35 on Friday. VanEck Floating Rate ETF has a 1-year low of $24.59 and a 1-year high of $25.58. The business’s fifty day moving average price is $25.37 and its two-hundred day moving average price is $25.45.

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.