JPMorgan Chase & Co. Has $563,000 Holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR)

JPMorgan Chase & Co. lessened its stake in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 22.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,109 shares of the company’s stock after selling 6,499 shares during the quarter. JPMorgan Chase & Co.’s holdings in VanEck Floating Rate ETF were worth $563,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FLTR. Cetera Investment Advisers grew its position in VanEck Floating Rate ETF by 133.8% in the second quarter. Cetera Investment Advisers now owns 180,051 shares of the company’s stock valued at $4,593,000 after acquiring an additional 103,025 shares during the last quarter. Silvia Mccoll Wealth Management LLC bought a new position in VanEck Floating Rate ETF in the third quarter valued at about $952,000. Park Avenue Securities LLC grew its position in VanEck Floating Rate ETF by 7.2% in the third quarter. Park Avenue Securities LLC now owns 45,851 shares of the company’s stock valued at $1,168,000 after acquiring an additional 3,084 shares during the last quarter. City Center Advisors LLC grew its position in VanEck Floating Rate ETF by 48.1% in the third quarter. City Center Advisors LLC now owns 19,649 shares of the company’s stock valued at $500,000 after acquiring an additional 6,379 shares during the last quarter. Finally, Callan Family Office LLC bought a new position in VanEck Floating Rate ETF in the third quarter valued at about $304,000.

VanEck Floating Rate ETF Stock Performance

NYSEARCA:FLTR opened at $25.52 on Tuesday. The stock’s 50-day moving average is $25.48 and its 200-day moving average is $25.44. VanEck Floating Rate ETF has a 1-year low of $25.00 and a 1-year high of $25.54.

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.