Optivise Advisory Services LLC Invests $567,000 in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Optivise Advisory Services LLC bought a new stake in VanEck Floating Rate ETF (NYSEARCA:FLTR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 22,279 shares of the company’s stock, valued at approximately $567,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Running Point Capital Advisors LLC lifted its position in VanEck Floating Rate ETF by 12.9% during the 3rd quarter. Running Point Capital Advisors LLC now owns 16,748 shares of the company’s stock worth $427,000 after buying an additional 1,913 shares in the last quarter. Tidemark LLC increased its position in shares of VanEck Floating Rate ETF by 2.5% in the third quarter. Tidemark LLC now owns 109,084 shares of the company’s stock valued at $2,778,000 after acquiring an additional 2,702 shares during the last quarter. Sugar Maple Asset Management LLC bought a new stake in VanEck Floating Rate ETF during the third quarter worth about $474,000. Concord Asset Management LLC VA boosted its position in VanEck Floating Rate ETF by 6.1% during the third quarter. Concord Asset Management LLC VA now owns 737,942 shares of the company’s stock valued at $18,795,000 after purchasing an additional 42,408 shares during the last quarter. Finally, Oppenheimer & Co. Inc. grew its stake in VanEck Floating Rate ETF by 5.3% in the third quarter. Oppenheimer & Co. Inc. now owns 24,706 shares of the company’s stock valued at $629,000 after purchasing an additional 1,250 shares in the last quarter.

VanEck Floating Rate ETF Stock Up 0.0 %

NYSEARCA:FLTR opened at $25.50 on Friday. VanEck Floating Rate ETF has a twelve month low of $25.00 and a twelve month high of $25.52. The stock’s 50 day moving average price is $25.44 and its two-hundred day moving average price is $25.43.

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.