SageOak Financial LLC Makes New $218,000 Investment in VanEck Floating Rate ETF (NYSEARCA:FLTR)

SageOak Financial LLC purchased a new stake in VanEck Floating Rate ETF (NYSEARCA:FLTR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 8,578 shares of the company’s stock, valued at approximately $218,000.

Several other institutional investors have also made changes to their positions in the stock. Oppenheimer & Co. Inc. raised its holdings in VanEck Floating Rate ETF by 5.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 24,706 shares of the company’s stock valued at $629,000 after acquiring an additional 1,250 shares in the last quarter. Running Point Capital Advisors LLC raised its stake in VanEck Floating Rate ETF by 12.9% in the third quarter. Running Point Capital Advisors LLC now owns 16,748 shares of the company’s stock valued at $427,000 after purchasing an additional 1,913 shares in the last quarter. Optivise Advisory Services LLC acquired a new position in VanEck Floating Rate ETF in the third quarter valued at about $567,000. Acorn Wealth Advisors LLC lifted its position in VanEck Floating Rate ETF by 12.9% during the third quarter. Acorn Wealth Advisors LLC now owns 12,207 shares of the company’s stock worth $311,000 after purchasing an additional 1,396 shares during the period. Finally, Bank of Montreal Can grew its stake in VanEck Floating Rate ETF by 306.5% during the third quarter. Bank of Montreal Can now owns 80,900 shares of the company’s stock worth $2,060,000 after buying an additional 61,000 shares in the last quarter.

VanEck Floating Rate ETF Stock Performance

Shares of NYSEARCA:FLTR opened at $25.50 on Wednesday. The firm has a 50 day moving average of $25.51 and a 200-day moving average of $25.47. VanEck Floating Rate ETF has a 12 month low of $25.00 and a 12 month high of $25.58.

VanEck Floating Rate ETF Company 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.