Envestnet Asset Management Inc. Has $24.22 Million Stock Holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Envestnet Asset Management Inc. grew its stake in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 108.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 949,370 shares of the company’s stock after buying an additional 494,368 shares during the period. Envestnet Asset Management Inc. owned 1.56% of VanEck Floating Rate ETF worth $24,218,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in FLTR. Van ECK Associates Corp boosted its position in shares of VanEck Floating Rate ETF by 294.7% during the 2nd quarter. Van ECK Associates Corp now owns 1,042 shares of the company’s stock valued at $27,000 after purchasing an additional 778 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its position in shares of VanEck Floating Rate ETF by 271.4% during the 1st 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 in the last quarter. Harbour Investments Inc. boosted its position in shares of VanEck Floating Rate ETF by 8.0% during the 2nd quarter. Harbour Investments Inc. now owns 6,633 shares of the company’s stock valued at $169,000 after purchasing an additional 494 shares in the last quarter. Moller Wealth Partners bought a new stake in shares of VanEck Floating Rate ETF during the 2nd quarter valued at about $204,000. Finally, RFG Advisory LLC bought a new stake in shares of VanEck Floating Rate ETF during the 1st quarter valued at about $211,000.

VanEck Floating Rate ETF Stock Performance

Shares of VanEck Floating Rate ETF stock opened at $25.44 on Monday. VanEck Floating Rate ETF has a one year low of $25.00 and a one year high of $25.52. The stock’s 50-day moving average is $25.40 and its 200 day moving average is $25.43.

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.