RFG Advisory LLC Makes New $211,000 Investment in VanEck Floating Rate ETF (NYSEARCA:FLTR)

RFG Advisory LLC purchased a new position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 8,256 shares of the company’s stock, valued at approximately $211,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of FLTR. Capital Advantage Inc. raised its position in shares of VanEck Floating Rate ETF by 0.8% during the fourth quarter. Capital Advantage Inc. now owns 1,015,085 shares of the company’s stock worth $25,529,000 after purchasing an additional 8,444 shares during the period. LPL Financial LLC raised its position in shares of VanEck Floating Rate ETF by 20.8% during the third quarter. LPL Financial LLC now owns 973,822 shares of the company’s stock worth $24,628,000 after purchasing an additional 167,606 shares during the period. KFA Private Wealth Group LLC raised its position in shares of VanEck Floating Rate ETF by 4.5% during the fourth quarter. KFA Private Wealth Group LLC now owns 916,634 shares of the company’s stock worth $23,053,000 after purchasing an additional 39,069 shares during the period. Insight Wealth Strategies LLC raised its position in VanEck Floating Rate ETF by 13.0% in the 4th quarter. Insight Wealth Strategies LLC now owns 879,389 shares of the company’s stock valued at $22,117,000 after buying an additional 101,174 shares during the last quarter. Finally, Systelligence LLC raised its position in VanEck Floating Rate ETF by 23.5% in the 4th quarter. Systelligence LLC now owns 608,974 shares of the company’s stock valued at $15,316,000 after buying an additional 116,037 shares during the last quarter.

VanEck Floating Rate ETF Price Performance

NYSEARCA FLTR opened at $25.49 on Thursday. The business has a fifty day simple moving average of $25.45 and a 200 day simple moving average of $25.37. VanEck Floating Rate ETF has a 12 month low of $25.08 and a 12 month high of $25.52.

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.