VanEck Floating Rate ETF (NYSEARCA:FLTR) Shares Sold by Brookstone Capital Management

Brookstone Capital Management decreased its position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 36.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 19,754 shares of the company’s stock after selling 11,323 shares during the quarter. Brookstone Capital Management’s holdings in VanEck Floating Rate ETF were worth $503,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its position in shares of VanEck Floating Rate ETF by 108.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 949,370 shares of the company’s stock valued at $24,218,000 after acquiring an additional 494,368 shares during the last quarter. Axxcess Wealth Management LLC purchased a new stake in shares of VanEck Floating Rate ETF during the second quarter valued at $540,000. AE Wealth Management LLC boosted its position in shares of VanEck Floating Rate ETF by 100.9% in the 2nd quarter. AE Wealth Management LLC now owns 44,264 shares of the company’s stock valued at $1,129,000 after purchasing an additional 22,236 shares during the period. Smith Thornton Advisors LLC acquired a new position in shares of VanEck Floating Rate ETF in the 2nd quarter valued at $1,752,000. Finally, Cetera Investment Advisers increased its stake in VanEck Floating Rate ETF by 133.8% in the 2nd quarter. Cetera Investment Advisers now owns 180,051 shares of the company’s stock worth $4,593,000 after purchasing an additional 103,025 shares in the last quarter.

VanEck Floating Rate ETF Stock Performance

Shares of NYSEARCA:FLTR opened at $25.51 on Friday. The firm has a 50 day simple moving average of $25.48 and a 200 day simple moving average of $25.44. VanEck Floating Rate ETF has a 52 week low of $25.00 and a 52 week high of $25.54.

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.