Montis Financial LLC Takes $1.63 Million Position in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Montis Financial LLC bought a new stake in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 64,756 shares of the company’s stock, valued at approximately $1,629,000. VanEck Floating Rate ETF comprises 1.0% of Montis Financial LLC’s investment portfolio, making the stock its 15th biggest position. Montis Financial LLC owned 0.15% of VanEck Floating Rate ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FLTR. B. Riley Wealth Advisors Inc. lifted its position in shares of VanEck Floating Rate ETF by 0.9% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 45,691 shares of the company’s stock worth $1,156,000 after purchasing an additional 423 shares during the period. IFG Advisory LLC boosted its stake in VanEck Floating Rate ETF by 1.7% during the fourth quarter. IFG Advisory LLC now owns 39,677 shares of the company’s stock worth $998,000 after acquiring an additional 663 shares in the last quarter. Private Trust Co. NA grew its holdings in VanEck Floating Rate ETF by 11.6% in the fourth quarter. Private Trust Co. NA now owns 6,510 shares of the company’s stock worth $164,000 after purchasing an additional 677 shares during the period. Stratos Wealth Partners LTD. increased its stake in shares of VanEck Floating Rate ETF by 8.2% during the fourth quarter. Stratos Wealth Partners LTD. now owns 9,128 shares of the company’s stock valued at $230,000 after purchasing an additional 694 shares in the last quarter. Finally, Western Wealth Management LLC boosted its position in shares of VanEck Floating Rate ETF by 6.2% in the 3rd quarter. Western Wealth Management LLC now owns 14,798 shares of the company’s stock worth $374,000 after purchasing an additional 863 shares in the last quarter.

VanEck Floating Rate ETF Stock Up 0.1 %

VanEck Floating Rate ETF stock traded up $0.02 during trading hours on Thursday, hitting $25.38. The stock had a trading volume of 957,244 shares, compared to its average volume of 525,203. The stock’s 50-day moving average price is $25.43 and its 200-day moving average price is $25.30. VanEck Floating Rate ETF has a 12-month low of $24.93 and a 12-month high of $25.52.

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.