VanEck Floating Rate ETF (NYSEARCA:FLTR) Holdings Raised by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. raised its position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 2.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,018 shares of the company’s stock after buying an additional 908 shares during the quarter. Valley Wealth Managers Inc.’s holdings in VanEck Floating Rate ETF were worth $944,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. KFA Private Wealth Group LLC increased its stake in shares of VanEck Floating Rate ETF by 5.8% in the first quarter. KFA Private Wealth Group LLC now owns 970,195 shares of the company’s stock worth $24,750,000 after purchasing an additional 53,561 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of VanEck Floating Rate ETF by 5.2% during the first quarter. Janney Montgomery Scott LLC now owns 24,955 shares of the company’s stock valued at $637,000 after acquiring an additional 1,227 shares during the period. BNP Paribas Financial Markets increased its holdings in VanEck Floating Rate ETF by 18,220.1% in the first quarter. BNP Paribas Financial Markets now owns 25,465 shares of the company’s stock valued at $650,000 after purchasing an additional 25,326 shares during the last quarter. North Star Investment Management Corp. grew its stake in VanEck Floating Rate ETF by 8.8% in the first quarter. North Star Investment Management Corp. now owns 93,012 shares of the company’s stock valued at $2,373,000 after acquiring an additional 7,513 shares during the period. Finally, Concord Wealth Partners raised its stake in shares of VanEck Floating Rate ETF by 5.6% in the 1st quarter. Concord Wealth Partners now owns 801,091 shares of the company’s stock valued at $20,436,000 after purchasing an additional 42,198 shares during the period.

VanEck Floating Rate ETF Stock Performance

Shares of FLTR stock remained flat at $25.42 on Thursday. 371,170 shares of the stock were exchanged, compared to its average volume of 551,054. The stock’s 50 day moving average price is $25.44 and its 200-day moving average price is $25.39. VanEck Floating Rate ETF has a 12 month low of $25.08 and a 12 month high of $25.52.

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.