Tidemark LLC Sells 1,407 Shares of VanEck Floating Rate ETF (NYSEARCA:FLTR)

Tidemark LLC decreased its holdings in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 1.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 107,677 shares of the company’s stock after selling 1,407 shares during the quarter. VanEck Floating Rate ETF accounts for about 1.0% of Tidemark LLC’s investment portfolio, making the stock its 23rd biggest position. Tidemark LLC’s holdings in VanEck Floating Rate ETF were worth $2,740,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. IFP Advisors Inc grew its position in VanEck Floating Rate ETF by 56.2% in the 4th quarter. IFP Advisors Inc now owns 2,731 shares of the company’s stock valued at $70,000 after acquiring an additional 983 shares during the last quarter. Principal Securities Inc. boosted its stake in shares of VanEck Floating Rate ETF by 29.4% during the fourth quarter. Principal Securities Inc. now owns 5,082 shares of the company’s stock valued at $129,000 after purchasing an additional 1,155 shares during the period. Sanctuary Advisors LLC bought a new position in shares of VanEck Floating Rate ETF in the fourth quarter worth about $248,000. Fusion Capital LLC increased its stake in VanEck Floating Rate ETF by 537.2% in the 4th quarter. Fusion Capital LLC now owns 477,625 shares of the company’s stock worth $12,156,000 after buying an additional 402,670 shares during the period. Finally, Jane Street Group LLC lifted its holdings in VanEck Floating Rate ETF by 579.0% during the 3rd quarter. Jane Street Group LLC now owns 177,566 shares of the company’s stock valued at $4,523,000 after buying an additional 151,416 shares in the last quarter.

VanEck Floating Rate ETF Price Performance

VanEck Floating Rate ETF stock opened at $25.51 on Friday. The firm has a 50-day moving average of $25.51 and a two-hundred day moving average of $25.47. VanEck Floating Rate ETF has a 1 year low of $25.00 and a 1 year high of $25.58.

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.