VanEck Floating Rate ETF (NYSEARCA:FLTR) Shares Sold by North Star Investment Management Corp.

North Star Investment Management Corp. decreased its stake in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR – Get Rating) by 24.5% during the fourth quarter, HoldingsChannel reports. The firm owned 483,502 shares of the company’s stock after selling 156,727 shares during the quarter. VanEck Floating Rate ETF makes up about 1.1% of North Star Investment Management Corp.’s investment portfolio, making the stock its 18th largest position. North Star Investment Management Corp.’s holdings in VanEck Floating Rate ETF were worth $12,030,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of FLTR. AE Wealth Management LLC acquired a new stake in shares of VanEck Floating Rate ETF in the third quarter worth $4,287,000. FAS Wealth Partners increased its stake in shares of VanEck Floating Rate ETF by 3.8% in the third quarter. FAS Wealth Partners now owns 347,178 shares of the company’s stock worth $8,624,000 after acquiring an additional 12,628 shares during the period. Guggenheim Capital LLC increased its stake in shares of VanEck Floating Rate ETF by 14.2% in the third quarter. Guggenheim Capital LLC now owns 87,225 shares of the company’s stock worth $2,167,000 after acquiring an additional 10,852 shares during the period. Concord Wealth Partners increased its stake in shares of VanEck Floating Rate ETF by 2.0% in the third quarter. Concord Wealth Partners now owns 561,894 shares of the company’s stock worth $13,957,000 after acquiring an additional 10,795 shares during the period. Finally, Massmutual Trust Co. FSB ADV acquired a new stake in shares of VanEck Floating Rate ETF in the third quarter worth $807,000.

VanEck Floating Rate ETF Price Performance

Shares of NYSEARCA FLTR opened at $24.80 on Friday. The company’s fifty day moving average price is $25.14 and its 200 day moving average price is $24.96. VanEck Floating Rate ETF has a 1 year low of $24.32 and a 1 year high of $25.33.

VanEck Floating Rate ETF Company Profile

(Get Rating)

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.