VanEck Floating Rate ETF (NYSEARCA:FLTR) Shares Purchased by Principal Securities Inc.

Principal Securities Inc. lifted its holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 29.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,082 shares of the company’s stock after acquiring an additional 1,155 shares during the period. Principal Securities Inc.’s holdings in VanEck Floating Rate ETF were worth $129,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in FLTR. Goldstone Financial Group LLC acquired a new position in VanEck Floating Rate ETF in the 3rd quarter worth $202,000. PFG Investments LLC bought a new stake in shares of VanEck Floating Rate ETF in the 3rd quarter valued at approximately $248,000. First Heartland Consultants Inc. acquired a new stake in shares of VanEck Floating Rate ETF during the third quarter worth $265,000. Greater Midwest Financial Group LLC bought a new position in VanEck Floating Rate ETF in the fourth quarter worth about $281,000. Finally, Boyce & Associates Wealth Consulting Inc. lifted its holdings in shares of VanEck Floating Rate ETF by 7.9% in the 4th quarter. Boyce & Associates Wealth Consulting Inc. now owns 11,177 shares of the company’s stock worth $284,000 after purchasing an additional 818 shares during the last quarter.

VanEck Floating Rate ETF Stock Performance

VanEck Floating Rate ETF stock opened at $25.57 on Wednesday. VanEck Floating Rate ETF has a one year low of $25.00 and a one year high of $25.58. The company has a 50-day simple moving average of $25.50 and a 200-day simple moving average of $25.46.

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.