VanEck Floating Rate ETF (NYSEARCA:FLTR – Get Free Report) saw strong trading volume on Thursday . 1,186,365 shares were traded during trading, an increase of 68% from the previous session’s volume of 704,233 shares.The stock last traded at $25.43 and had previously closed at $25.45.
VanEck Floating Rate ETF Price Performance
The company has a 50 day moving average of $25.47 and a 200 day moving average of $25.44.
Institutional Investors Weigh In On VanEck Floating Rate ETF
Institutional investors have recently made changes to their positions in the company. Raymond James & Associates lifted its holdings in shares of VanEck Floating Rate ETF by 11.1% in the 3rd quarter. Raymond James & Associates now owns 263,795 shares of the company’s stock worth $6,719,000 after purchasing an additional 26,364 shares during the last quarter. MGO One Seven LLC lifted its stake in VanEck Floating Rate ETF by 14.4% in the second quarter. MGO One Seven LLC now owns 93,182 shares of the company’s stock valued at $2,377,000 after buying an additional 11,753 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of VanEck Floating Rate ETF by 108.7% during the second 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 period. Montis Financial LLC grew its position in shares of VanEck Floating Rate ETF by 61.1% during the third quarter. Montis Financial LLC now owns 143,726 shares of the company’s stock worth $3,661,000 after acquiring an additional 54,529 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in shares of VanEck Floating Rate ETF by 36.4% in the 2nd quarter. LPL Financial LLC now owns 2,141,838 shares of the company’s stock worth $54,638,000 after acquiring an additional 571,178 shares during the period.
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.
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