Cwm LLC Acquires 889 Shares of VanEck Floating Rate ETF (NYSEARCA:FLTR)

Cwm LLC grew its holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 653.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,025 shares of the company’s stock after acquiring an additional 889 shares during the quarter. Cwm LLC’s holdings in VanEck Floating Rate ETF were worth $26,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. EP Wealth Advisors LLC bought a new position in shares of VanEck Floating Rate ETF during the first quarter worth about $100,000. EverSource Wealth Advisors LLC grew its holdings in shares of VanEck Floating Rate ETF by 31.8% during the first quarter. EverSource Wealth Advisors LLC now owns 4,253 shares of the company’s stock worth $106,000 after buying an additional 1,027 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of VanEck Floating Rate ETF by 43.4% during the first quarter. JPMorgan Chase & Co. now owns 4,411 shares of the company’s stock worth $110,000 after buying an additional 1,335 shares in the last quarter. Citigroup Inc. grew its holdings in shares of VanEck Floating Rate ETF by 111.8% during the first quarter. Citigroup Inc. now owns 4,965 shares of the company’s stock worth $125,000 after buying an additional 2,621 shares in the last quarter. Finally, Belpointe Asset Management LLC grew its holdings in shares of VanEck Floating Rate ETF by 16.8% during the first quarter. Belpointe Asset Management LLC now owns 6,679 shares of the company’s stock worth $167,000 after buying an additional 959 shares in the last quarter.

VanEck Floating Rate ETF Trading Up 0.1 %

NYSEARCA:FLTR opened at $25.15 on Tuesday. VanEck Floating Rate ETF has a 52-week low of $24.32 and a 52-week high of $25.33. The stock has a 50-day simple moving average of $25.21 and a 200 day simple moving average of $25.18.

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.