Valley Wealth Managers Inc. Reduces Stock Position in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Valley Wealth Managers Inc. trimmed its holdings in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 8.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,496 shares of the company’s stock after selling 3,034 shares during the period. Valley Wealth Managers Inc. owned 0.05% of VanEck Floating Rate ETF worth $828,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Strategic Financial Concepts LLC acquired a new stake in VanEck Floating Rate ETF during the 2nd quarter worth $158,758,000. Renaissance Technologies LLC lifted its holdings in shares of VanEck Floating Rate ETF by 61.7% in the 2nd quarter. Renaissance Technologies LLC now owns 1,542,400 shares of the company’s stock valued at $39,347,000 after purchasing an additional 588,300 shares during the last quarter. LPL Financial LLC lifted 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 valued at $54,638,000 after purchasing an additional 571,178 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of VanEck Floating Rate ETF by 108.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 949,370 shares of the company’s stock valued at $24,218,000 after purchasing an additional 494,368 shares during the period. Finally, Family Firm Inc. grew its stake in VanEck Floating Rate ETF by 126.1% during the 2nd quarter. Family Firm Inc. now owns 647,004 shares of the company’s stock worth $16,505,000 after buying an additional 360,867 shares during the last quarter.

VanEck Floating Rate ETF Trading Up 0.0 %

Shares of NYSEARCA FLTR opened at $25.46 on Friday. VanEck Floating Rate ETF has a twelve month low of $25.00 and a twelve month high of $25.52. The stock has a 50 day moving average of $25.43 and a two-hundred day moving average of $25.43.

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.