IFP Advisors Inc Acquires 983 Shares of VanEck Floating Rate ETF (NYSEARCA:FLTR)

IFP Advisors Inc grew its holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 56.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,731 shares of the company’s stock after purchasing an additional 983 shares during the quarter. IFP Advisors Inc’s holdings in VanEck Floating Rate ETF were worth $70,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. WealthShield Partners LLC raised its holdings in shares of VanEck Floating Rate ETF by 558.5% in the 4th quarter. WealthShield Partners LLC now owns 379,237 shares of the company’s stock valued at $9,652,000 after purchasing an additional 321,649 shares in the last quarter. Wealthspire Advisors LLC purchased a new position in shares of VanEck Floating Rate ETF in the 4th quarter worth approximately $1,975,000. Deseret Mutual Benefit Administrators grew its position in shares of VanEck Floating Rate ETF by 4.7% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 704,119 shares of the company’s stock worth $17,920,000 after buying an additional 31,782 shares during the last quarter. Global Retirement Partners LLC grew its position in shares of VanEck Floating Rate ETF by 229.7% in the 4th quarter. Global Retirement Partners LLC now owns 39,342 shares of the company’s stock worth $1,001,000 after buying an additional 27,410 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of VanEck Floating Rate ETF in the 4th quarter worth approximately $248,000.

VanEck Floating Rate ETF Stock Up 0.0 %

Shares of VanEck Floating Rate ETF stock opened at $25.48 on Thursday. The firm’s 50 day moving average price is $25.50 and its 200-day moving average price is $25.46. VanEck Floating Rate ETF has a 52-week low of $25.00 and a 52-week high of $25.58.

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.