FAS Wealth Partners Inc. Boosts Position in VanEck Floating Rate ETF (NYSEARCA:FLTR)

FAS Wealth Partners Inc. raised its stake in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 1.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 293,288 shares of the company’s stock after buying an additional 3,177 shares during the quarter. FAS Wealth Partners Inc. owned about 0.68% of VanEck Floating Rate ETF worth $7,376,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in FLTR. Jane Street Group LLC purchased a new position in VanEck Floating Rate ETF during the 4th quarter valued at about $51,973,000. Insight Wealth Strategies LLC bought a new stake in shares of VanEck Floating Rate ETF during the 3rd quarter valued at about $19,681,000. WealthPlan Investment Management LLC boosted its position in shares of VanEck Floating Rate ETF by 716,523.0% during the 3rd quarter. WealthPlan Investment Management LLC now owns 530,301 shares of the company’s stock valued at $13,411,000 after acquiring an additional 530,227 shares during the last quarter. Edmonds Duncan Registered Investment Advisors LLC boosted its position in shares of VanEck Floating Rate ETF by 38.6% during the 3rd quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 1,828,059 shares of the company’s stock valued at $46,232,000 after acquiring an additional 508,819 shares during the last quarter. Finally, Systelligence LLC bought a new stake in shares of VanEck Floating Rate ETF during the 3rd quarter valued at about $12,466,000.

VanEck Floating Rate ETF Stock Performance

Shares of FLTR remained flat at $25.38 during trading hours on Monday. The stock had a trading volume of 515,484 shares, compared to its average volume of 417,916. The firm’s 50 day simple moving average is $25.39 and its 200 day simple moving average is $25.26. VanEck Floating Rate ETF has a 12-month low of $24.77 and a 12-month high of $25.51.

About VanEck Floating Rate ETF

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.