PFG Investments LLC Has $267,000 Holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR)

PFG Investments LLC boosted its position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 7.8% in the fourth quarter, Holdings Channel reports. The fund owned 10,508 shares of the company’s stock after acquiring an additional 759 shares during the period. PFG Investments LLC’s holdings in VanEck Floating Rate ETF were worth $267,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Arete Wealth Advisors LLC increased its position in VanEck Floating Rate ETF by 25.9% during the third quarter. Arete Wealth Advisors LLC now owns 812,947 shares of the company’s stock worth $20,699,000 after acquiring an additional 167,475 shares during the period. Concord Asset Management LLC VA increased its holdings in shares of VanEck Floating Rate ETF by 6.1% during the 3rd quarter. Concord Asset Management LLC VA now owns 737,942 shares of the company’s stock worth $18,795,000 after purchasing an additional 42,408 shares during the period. Deseret Mutual Benefit Administrators raised its position in shares of VanEck Floating Rate ETF by 20.6% during the third quarter. Deseret Mutual Benefit Administrators now owns 672,337 shares of the company’s stock valued at $17,124,000 after buying an additional 114,829 shares during the last quarter. White Pine Investment CO lifted its stake in shares of VanEck Floating Rate ETF by 61.9% in the fourth quarter. White Pine Investment CO now owns 346,952 shares of the company’s stock valued at $8,830,000 after buying an additional 132,680 shares during the period. Finally, MML Investors Services LLC grew its position in VanEck Floating Rate ETF by 11.8% during the third quarter. MML Investors Services LLC now owns 329,646 shares of the company’s stock worth $8,396,000 after buying an additional 34,888 shares in the last quarter.

VanEck Floating Rate ETF Stock Performance

Shares of FLTR opened at $25.54 on Friday. The stock’s 50-day moving average price is $25.49 and its 200 day moving average price is $25.44. VanEck Floating Rate ETF has a 12-month low of $25.00 and a 12-month high of $25.56.

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.