Systelligence LLC trimmed its holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR – Free Report) by 10.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 541,159 shares of the company’s stock after selling 64,223 shares during the period. VanEck Floating Rate ETF accounts for about 3.4% of Systelligence LLC’s investment portfolio, making the stock its 7th largest position. Systelligence LLC owned about 0.89% of VanEck Floating Rate ETF worth $13,783,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in the business. Van ECK Associates Corp increased its stake in VanEck Floating Rate ETF by 294.7% during the 2nd quarter. Van ECK Associates Corp now owns 1,042 shares of the company’s stock worth $27,000 after buying an additional 778 shares during the period. Harbour Investments Inc. raised its position in shares of VanEck Floating Rate ETF by 8.0% during the 2nd quarter. Harbour Investments Inc. now owns 6,633 shares of the company’s stock worth $169,000 after buying an additional 494 shares in the last quarter. Goldstone Financial Group LLC bought a new stake in shares of VanEck Floating Rate ETF in the 3rd quarter worth approximately $202,000. Moller Wealth Partners bought a new stake in shares of VanEck Floating Rate ETF in the 2nd quarter worth approximately $204,000. Finally, CHB Investment Group LLC bought a new stake in shares of VanEck Floating Rate ETF in the 3rd quarter worth approximately $229,000.
VanEck Floating Rate ETF Stock Performance
FLTR stock opened at $25.45 on Tuesday. VanEck Floating Rate ETF has a 52-week low of $25.00 and a 52-week high of $25.52. The company’s 50 day simple moving average is $25.42 and its 200-day simple moving average is $25.43.
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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