Insight Wealth Strategies LLC Trims Position in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Insight Wealth Strategies LLC lowered its holdings in shares of VanEck Floating Rate ETF (NYSEARCA:FLTRFree Report) by 11.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 782,055 shares of the company’s stock after selling 97,334 shares during the period. VanEck Floating Rate ETF comprises 2.9% of Insight Wealth Strategies LLC’s holdings, making the stock its 9th largest holding. Insight Wealth Strategies LLC owned about 1.82% of VanEck Floating Rate ETF worth $19,950,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Baldwin Brothers LLC MA acquired a new stake in VanEck Floating Rate ETF during the 4th quarter valued at approximately $28,000. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of VanEck Floating Rate ETF during the fourth quarter worth $43,000. WealthShield Partners LLC bought a new position in VanEck Floating Rate ETF during the fourth quarter worth $60,000. Principal Securities Inc. acquired a new position in VanEck Floating Rate ETF in the fourth quarter valued at $64,000. Finally, NBC Securities Inc. boosted its position in VanEck Floating Rate ETF by 35.0% during the fourth quarter. NBC Securities Inc. now owns 3,565 shares of the company’s stock valued at $89,000 after acquiring an additional 925 shares during the last quarter.

VanEck Floating Rate ETF Stock Performance

Shares of FLTR stock remained flat at $25.46 during mid-day trading on Wednesday. The stock had a trading volume of 487,670 shares, compared to its average volume of 551,161. The stock’s 50 day simple moving average is $25.44 and its two-hundred day simple moving average is $25.36. VanEck Floating Rate ETF has a 1 year low of $25.08 and a 1 year high of $25.52.

VanEck Floating Rate ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for VanEck Floating Rate ETF (NYSEARCA:FLTR)

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