Stifel Financial Corp lifted its holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR – Free Report) by 16.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 228,073 shares of the company’s stock after buying an additional 32,240 shares during the period. Stifel Financial Corp owned about 0.38% of VanEck Floating Rate ETF worth $5,809,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of FLTR. Strategic Financial Concepts LLC acquired a new position in VanEck Floating Rate ETF in the 2nd quarter valued at approximately $158,758,000. LPL Financial LLC increased its stake in shares of VanEck Floating Rate ETF by 36.4% in the second quarter. LPL Financial LLC now owns 2,141,838 shares of the company’s stock worth $54,638,000 after acquiring an additional 571,178 shares during the last quarter. Renaissance Technologies LLC raised its holdings in shares of VanEck Floating Rate ETF by 61.7% during the second quarter. Renaissance Technologies LLC now owns 1,542,400 shares of the company’s stock worth $39,347,000 after acquiring an additional 588,300 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in VanEck Floating Rate ETF by 108.7% during the second quarter. Envestnet Asset Management Inc. now owns 949,370 shares of the company’s stock valued at $24,218,000 after purchasing an additional 494,368 shares during the last quarter. Finally, Bensler LLC grew its stake in VanEck Floating Rate ETF by 12.4% in the second quarter. Bensler LLC now owns 755,601 shares of the company’s stock valued at $19,275,000 after purchasing an additional 83,145 shares in the last quarter.
VanEck Floating Rate ETF Stock Up 0.0 %
FLTR opened at $25.48 on Friday. VanEck Floating Rate ETF has a fifty-two week low of $25.00 and a fifty-two week high of $25.53. The business has a 50-day moving average of $25.46 and a 200-day moving average of $25.43.
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.
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