Concord Asset Management LLC VA Has $660,000 Stake in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Concord Asset Management LLC VA lessened its holdings in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 96.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,930 shares of the company’s stock after selling 712,012 shares during the quarter. Concord Asset Management LLC VA’s holdings in VanEck Floating Rate ETF were worth $660,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Goldstone Financial Group LLC bought a new position in shares of VanEck Floating Rate ETF in the 3rd quarter valued at approximately $202,000. CHB Investment Group LLC bought a new position in VanEck Floating Rate ETF in the 3rd quarter worth $229,000. PFG Investments LLC acquired a new position in VanEck Floating Rate ETF during the 3rd quarter worth $248,000. First Heartland Consultants Inc. bought a new stake in VanEck Floating Rate ETF during the third quarter valued at about $265,000. Finally, Greater Midwest Financial Group LLC acquired a new stake in shares of VanEck Floating Rate ETF in the fourth quarter valued at about $281,000.

VanEck Floating Rate ETF Price Performance

NYSEARCA FLTR opened at $25.54 on Friday. The stock has a 50-day simple moving average of $25.49 and a 200 day simple moving average of $25.44. VanEck Floating Rate ETF has a twelve month low of $25.00 and a twelve month high of $25.56.

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.