VanEck Floating Rate ETF (NYSEARCA:FLTR) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC trimmed its holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 0.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 73,580 shares of the company’s stock after selling 423 shares during the period. Commonwealth Equity Services LLC owned 0.12% of VanEck Floating Rate ETF worth $1,873,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of FLTR. IFP Advisors Inc grew its position in shares of VanEck Floating Rate ETF by 56.2% in the fourth quarter. IFP Advisors Inc now owns 2,731 shares of the company’s stock valued at $70,000 after purchasing an additional 983 shares in the last quarter. Principal Securities Inc. grew its holdings in VanEck Floating Rate ETF by 29.4% in the 4th quarter. Principal Securities Inc. now owns 5,082 shares of the company’s stock valued at $129,000 after buying an additional 1,155 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of VanEck Floating Rate ETF in the 4th quarter worth $248,000. PFG Investments LLC increased its stake in shares of VanEck Floating Rate ETF by 7.8% in the 4th quarter. PFG Investments LLC now owns 10,508 shares of the company’s stock worth $267,000 after acquiring an additional 759 shares during the last quarter. Finally, Greater Midwest Financial Group LLC purchased a new position in shares of VanEck Floating Rate ETF during the 4th quarter worth $281,000.

VanEck Floating Rate ETF Price Performance

Shares of FLTR opened at $25.54 on Friday. VanEck Floating Rate ETF has a 12-month low of $25.00 and a 12-month high of $25.58. The firm has a 50-day moving average price of $25.52 and a 200 day moving average price of $25.48.

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.