Stratos Wealth Partners LTD. Sells 3,343 Shares of VanEck Floating Rate ETF (NYSEARCA:FLTR)

Stratos Wealth Partners LTD. reduced its stake in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 29.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,934 shares of the company’s stock after selling 3,343 shares during the period. Stratos Wealth Partners LTD.’s holdings in VanEck Floating Rate ETF were worth $202,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in FLTR. Twelve Points Wealth Management LLC purchased a new position in shares of VanEck Floating Rate ETF in the fourth quarter worth $11,504,000. Flagship Harbor Advisors LLC purchased a new position in VanEck Floating Rate ETF in the third quarter valued at $7,772,000. Parsons Capital Management Inc. RI purchased a new position in VanEck Floating Rate ETF in the fourth quarter valued at $6,467,000. Arete Wealth Advisors LLC increased its holdings in VanEck Floating Rate ETF by 25.9% in the third quarter. Arete Wealth Advisors LLC now owns 812,947 shares of the company’s stock valued at $20,699,000 after buying an additional 167,475 shares in the last quarter. Finally, Jane Street Group LLC grew its position in shares of VanEck Floating Rate ETF by 579.0% in the third quarter. Jane Street Group LLC now owns 177,566 shares of the company’s stock valued at $4,523,000 after purchasing an additional 151,416 shares during the period.

VanEck Floating Rate ETF Trading Up 0.1 %

Shares of NYSEARCA FLTR opened at $25.53 on Friday. The company’s 50-day simple moving average is $25.49 and its 200-day simple moving average is $25.45. VanEck Floating Rate ETF has a 52-week low of $25.00 and a 52-week high of $25.56.

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.