JPMorgan Chase & Co. Has $563,000 Holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR)

JPMorgan Chase & Co. cut its holdings in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 22.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,109 shares of the company’s stock after selling 6,499 shares during the period. JPMorgan Chase & Co.’s holdings in VanEck Floating Rate ETF were worth $563,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Synovus Financial Corp acquired a new stake in shares of VanEck Floating Rate ETF in the 3rd quarter valued at approximately $294,000. Arete Wealth Advisors LLC raised its position in shares of VanEck Floating Rate ETF by 25.9% in the 3rd quarter. Arete Wealth Advisors LLC now owns 812,947 shares of the company’s stock valued at $20,699,000 after acquiring an additional 167,475 shares during the period. Strait & Sound Wealth Management LLC raised its position in shares of VanEck Floating Rate ETF by 88.2% in the 3rd quarter. Strait & Sound Wealth Management LLC now owns 57,882 shares of the company’s stock valued at $1,474,000 after acquiring an additional 27,128 shares during the period. MML Investors Services LLC raised its position in shares of VanEck Floating Rate ETF by 11.8% in the 3rd quarter. MML Investors Services LLC now owns 329,646 shares of the company’s stock valued at $8,396,000 after acquiring an additional 34,888 shares during the period. Finally, EP Wealth Advisors LLC raised its position in shares of VanEck Floating Rate ETF by 20.3% in the 3rd quarter. EP Wealth Advisors LLC now owns 33,025 shares of the company’s stock valued at $841,000 after acquiring an additional 5,576 shares during the period.

VanEck Floating Rate ETF Stock Performance

Shares of FLTR stock opened at $25.52 on Tuesday. The company’s 50 day moving average price is $25.48 and its two-hundred day moving average price is $25.44. VanEck Floating Rate ETF has a 52 week low of $25.00 and a 52 week high of $25.54.

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.