Axxcess Wealth Management LLC bought a new position in VanEck Floating Rate ETF (NYSEARCA:FLTR – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 21,178 shares of the company’s stock, valued at approximately $540,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Van ECK Associates Corp raised its stake in shares of VanEck Floating Rate ETF by 294.7% in the second quarter. Van ECK Associates Corp now owns 1,042 shares of the company’s stock worth $27,000 after purchasing an additional 778 shares during the last quarter. Principal Securities Inc. acquired a new stake in VanEck Floating Rate ETF in the fourth quarter valued at approximately $64,000. Benjamin F. Edwards & Company Inc. grew its holdings in VanEck Floating Rate ETF by 271.4% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 6,307 shares of the company’s stock valued at $161,000 after purchasing an additional 4,609 shares during the period. Harbour Investments Inc. boosted its stake in shares of VanEck Floating Rate ETF by 8.0% in the second quarter. Harbour Investments Inc. now owns 6,633 shares of the company’s stock worth $169,000 after acquiring an additional 494 shares during the last quarter. Finally, Moller Wealth Partners acquired a new stake in shares of VanEck Floating Rate ETF in the second quarter worth approximately $204,000.
VanEck Floating Rate ETF Price Performance
NYSEARCA FLTR opened at $25.44 on Friday. The stock’s fifty day moving average is $25.40 and its two-hundred day moving average is $25.42. VanEck Floating Rate ETF has a fifty-two week low of $25.00 and a fifty-two week high of $25.52.
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.
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