VanEck Floating Rate ETF (NYSEARCA:FLTR – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $25.56 and last traded at $25.55, with a volume of 57462 shares traded. The stock had previously closed at $25.55.
VanEck Floating Rate ETF Stock Performance
The firm has a 50-day moving average of $25.50 and a 200-day moving average of $25.45.
Institutional Investors Weigh In On VanEck Floating Rate ETF
A number of institutional investors and hedge funds have recently modified their holdings of FLTR. Savvy Advisors Inc. increased its holdings in VanEck Floating Rate ETF by 3.4% during the 3rd quarter. Savvy Advisors Inc. now owns 16,729 shares of the company’s stock worth $426,000 after purchasing an additional 544 shares during the period. IHT Wealth Management LLC increased its holdings in VanEck Floating Rate ETF by 2.4% during the 3rd quarter. IHT Wealth Management LLC now owns 25,629 shares of the company’s stock worth $653,000 after purchasing an additional 589 shares during the period. PFG Investments LLC increased its holdings in VanEck Floating Rate ETF by 7.8% during the 4th quarter. PFG Investments LLC now owns 10,508 shares of the company’s stock worth $267,000 after purchasing an additional 759 shares during the period. Kovack Advisors Inc. increased its holdings in VanEck Floating Rate ETF by 0.6% during the 4th quarter. Kovack Advisors Inc. now owns 132,517 shares of the company’s stock worth $3,373,000 after purchasing an additional 780 shares during the period. Finally, Boyce & Associates Wealth Consulting Inc. increased its holdings in shares of VanEck Floating Rate ETF by 7.9% in the 4th quarter. Boyce & Associates Wealth Consulting Inc. now owns 11,177 shares of the company’s stock valued at $284,000 after acquiring an additional 818 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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