Vista Investment Management Raises Stake in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Vista Investment Management lifted its position in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 7.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 221,558 shares of the company’s stock after buying an additional 15,294 shares during the period. VanEck Floating Rate ETF comprises 2.1% of Vista Investment Management’s portfolio, making the stock its 8th largest holding. Vista Investment Management owned about 0.36% of VanEck Floating Rate ETF worth $5,639,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Strategic Financial Concepts LLC lifted its stake in shares of VanEck Floating Rate ETF by 3,267.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 11,667,315 shares of the company’s stock worth $296,933,000 after buying an additional 11,320,822 shares in the last quarter. Demars Financial Group LLC lifted its stake in shares of VanEck Floating Rate ETF by 2,317.3% in the fourth quarter. Demars Financial Group LLC now owns 5,409,368 shares of the company’s stock worth $137,668,000 after buying an additional 5,185,595 shares in the last quarter. LPL Financial LLC lifted its stake in shares of VanEck Floating Rate ETF by 33.6% in the fourth quarter. LPL Financial LLC now owns 3,074,762 shares of the company’s stock worth $78,253,000 after buying an additional 772,961 shares in the last quarter. Wells Fargo & Company MN lifted its stake in shares of VanEck Floating Rate ETF by 8.5% in the fourth quarter. Wells Fargo & Company MN now owns 3,035,743 shares of the company’s stock worth $77,260,000 after buying an additional 238,666 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its stake in shares of VanEck Floating Rate ETF by 31.8% in the fourth quarter. Renaissance Technologies LLC now owns 1,847,800 shares of the company’s stock worth $47,027,000 after buying an additional 445,800 shares in the last quarter.

VanEck Floating Rate ETF Trading Up 0.1%

Shares of NYSEARCA FLTR opened at $25.43 on Tuesday. The firm’s 50 day moving average price is $25.36 and its 200-day moving average price is $25.44. VanEck Floating Rate ETF has a 52-week low of $24.59 and a 52-week high of $25.58.

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.