US Bancorp DE Has $50,000 Position in VanEck Floating Rate ETF (NYSEARCA:FLTR)

US Bancorp DE lessened its position in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 59.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,000 shares of the company’s stock after selling 2,909 shares during the period. US Bancorp DE’s holdings in VanEck Floating Rate ETF were worth $50,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Pinnacle Wealth Planning Services Inc. grew its position in shares of VanEck Floating Rate ETF by 6.6% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 3,212,559 shares of the company’s stock valued at $70,264,000 after buying an additional 198,775 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its position in shares of VanEck Floating Rate ETF by 13,876.7% in the 1st quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,047,332 shares of the company’s stock valued at $76,092,000 after buying an additional 3,025,529 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of VanEck Floating Rate ETF in the 4th quarter valued at about $51,973,000. Edmonds Duncan Registered Investment Advisors LLC boosted its position in shares of VanEck Floating Rate ETF by 42.0% during the 1st quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 1,262,441 shares of the company’s stock valued at $31,523,000 after purchasing an additional 373,147 shares in the last quarter. Finally, KFA Private Wealth Group LLC boosted its position in shares of VanEck Floating Rate ETF by 15.8% during the 1st quarter. KFA Private Wealth Group LLC now owns 774,341 shares of the company’s stock valued at $19,335,000 after purchasing an additional 105,474 shares in the last quarter.

VanEck Floating Rate ETF Stock Performance

Shares of VanEck Floating Rate ETF stock opened at $25.18 on Friday. VanEck Floating Rate ETF has a one year low of $24.32 and a one year high of $25.33. The stock’s 50-day moving average is $25.22 and its 200 day moving average is $25.12.

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.