VanEck Floating Rate ETF (NYSEARCA:FLTR) Shares Bought by KFA Private Wealth Group LLC

KFA Private Wealth Group LLC boosted its position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 4.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 916,634 shares of the company’s stock after purchasing an additional 39,069 shares during the quarter. VanEck Floating Rate ETF accounts for about 8.3% of KFA Private Wealth Group LLC’s investment portfolio, making the stock its 2nd biggest holding. KFA Private Wealth Group LLC owned about 2.13% of VanEck Floating Rate ETF worth $23,053,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. raised its position in shares of VanEck Floating Rate ETF by 14.8% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 38,431 shares of the company’s stock worth $967,000 after purchasing an additional 4,959 shares during the period. UBS Group AG boosted its holdings in shares of VanEck Floating Rate ETF by 8.8% in the third quarter. UBS Group AG now owns 336,581 shares of the company’s stock valued at $8,512,000 after buying an additional 27,107 shares during the period. LPL Financial LLC boosted its holdings in shares of VanEck Floating Rate ETF by 20.8% in the third quarter. LPL Financial LLC now owns 973,822 shares of the company’s stock valued at $24,628,000 after buying an additional 167,606 shares during the period. EP Wealth Advisors LLC increased its position in shares of VanEck Floating Rate ETF by 80.1% during the third quarter. EP Wealth Advisors LLC now owns 30,898 shares of the company’s stock worth $781,000 after acquiring an additional 13,743 shares in the last quarter. Finally, Brookstone Capital Management acquired a new stake in shares of VanEck Floating Rate ETF during the fourth quarter worth $488,000.

VanEck Floating Rate ETF Price Performance

NYSEARCA FLTR traded up $0.02 on Friday, reaching $25.50. The company had a trading volume of 933,035 shares, compared to its average volume of 507,956. The company’s fifty day moving average is $25.43 and its 200-day moving average is $25.29. VanEck Floating Rate ETF has a 1-year low of $24.93 and a 1-year high of $25.51.

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.