Pointe Capital Management LLC Has $1.04 Million Position in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Pointe Capital Management LLC decreased its holdings in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 1.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,420 shares of the company’s stock after selling 660 shares during the period. VanEck Floating Rate ETF makes up about 0.7% of Pointe Capital Management LLC’s portfolio, making the stock its 28th largest position. Pointe Capital Management LLC owned approximately 0.10% of VanEck Floating Rate ETF worth $1,042,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Baldwin Brothers LLC MA purchased a new position in shares of VanEck Floating Rate ETF during the fourth quarter valued at approximately $28,000. Benjamin F. Edwards & Company Inc. purchased a new position in VanEck Floating Rate ETF during the 4th quarter worth $43,000. WealthShield Partners LLC bought a new stake in shares of VanEck Floating Rate ETF in the 4th quarter worth $60,000. NBC Securities Inc. bought a new stake in shares of VanEck Floating Rate ETF in the 3rd quarter worth $66,000. Finally, Capital Analysts LLC raised its holdings in shares of VanEck Floating Rate ETF by 253.1% in the fourth quarter. Capital Analysts LLC now owns 3,842 shares of the company’s stock valued at $97,000 after purchasing an additional 2,754 shares during the last quarter.

VanEck Floating Rate ETF Stock Up 0.0 %

VanEck Floating Rate ETF stock traded up $0.01 during midday trading on Friday, hitting $25.39. 1,168,503 shares of the stock were exchanged, compared to its average volume of 532,687. VanEck Floating Rate ETF has a 52-week low of $24.93 and a 52-week high of $25.52. The business’s 50-day moving average price is $25.43 and its 200-day moving average price is $25.30.

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.