VanEck Floating Rate ETF (NYSEARCA:FLTR) Shares Bought by Bank of Montreal Can

Bank of Montreal Can lifted its stake in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 306.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 80,900 shares of the company’s stock after purchasing an additional 61,000 shares during the period. Bank of Montreal Can owned about 0.13% of VanEck Floating Rate ETF worth $2,060,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of FLTR. Park Avenue Securities LLC acquired a new stake in shares of VanEck Floating Rate ETF in the second quarter valued at about $1,091,000. Raymond James & Associates lifted its position in VanEck Floating Rate ETF by 11.1% during the third quarter. Raymond James & Associates now owns 263,795 shares of the company’s stock worth $6,719,000 after buying an additional 26,364 shares in the last quarter. MGO One Seven LLC boosted its stake in VanEck Floating Rate ETF by 14.4% during the second quarter. MGO One Seven LLC now owns 93,182 shares of the company’s stock worth $2,377,000 after buying an additional 11,753 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in VanEck Floating Rate ETF by 108.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 949,370 shares of the company’s stock valued at $24,218,000 after buying an additional 494,368 shares in the last quarter. Finally, Atria Wealth Solutions Inc. increased its stake in shares of VanEck Floating Rate ETF by 30.3% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 34,094 shares of the company’s stock worth $870,000 after acquiring an additional 7,938 shares during the last quarter.

VanEck Floating Rate ETF Price Performance

Shares of FLTR opened at $25.44 on Friday. The firm has a 50-day moving average price of $25.45 and a 200 day moving average price of $25.43. VanEck Floating Rate ETF has a 12-month low of $25.00 and a 12-month high of $25.53.

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.