Wealthspire Advisors LLC Takes $1.98 Million Position in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Wealthspire Advisors LLC bought a new stake in VanEck Floating Rate ETF (NYSEARCA:FLTR) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 77,600 shares of the company’s stock, valued at approximately $1,975,000. Wealthspire Advisors LLC owned 0.13% of VanEck Floating Rate ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Deseret Mutual Benefit Administrators raised its holdings in VanEck Floating Rate ETF by 4.7% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 704,119 shares of the company’s stock worth $17,920,000 after purchasing an additional 31,782 shares during the period. Global Retirement Partners LLC raised its stake in shares of VanEck Floating Rate ETF by 229.7% during the 4th quarter. Global Retirement Partners LLC now owns 39,342 shares of the company’s stock worth $1,001,000 after buying an additional 27,410 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of VanEck Floating Rate ETF during the 4th quarter worth approximately $248,000. Anson Capital Inc. lifted its position in shares of VanEck Floating Rate ETF by 9.6% during the 4th quarter. Anson Capital Inc. now owns 310,169 shares of the company’s stock valued at $7,894,000 after buying an additional 27,095 shares in the last quarter. Finally, Strategic Financial Concepts LLC grew its stake in VanEck Floating Rate ETF by 32.3% in the 4th quarter. Strategic Financial Concepts LLC now owns 458,514 shares of the company’s stock valued at $11,669,000 after acquiring an additional 112,021 shares during the period.

VanEck Floating Rate ETF Price Performance

Shares of NYSEARCA FLTR opened at $25.57 on Tuesday. VanEck Floating Rate ETF has a one year low of $25.00 and a one year high of $25.57. The firm has a fifty day moving average of $25.50 and a 200 day moving average of $25.45.

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.