VanEck Floating Rate ETF (NYSEARCA:FLTR) Shares Bought by Cwm LLC

Cwm LLC grew its position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 3,778.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 39,753 shares of the company’s stock after acquiring an additional 38,728 shares during the period. Cwm LLC’s holdings in VanEck Floating Rate ETF were worth $1,000,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Baldwin Brothers LLC MA purchased a new stake in shares of VanEck Floating Rate ETF in the fourth quarter worth about $28,000. IFP Advisors Inc purchased a new stake in shares of VanEck Floating Rate ETF in the third quarter worth about $30,000. WealthShield Partners LLC purchased a new stake in shares of VanEck Floating Rate ETF in the fourth quarter worth about $60,000. NBC Securities Inc. purchased a new stake in shares of VanEck Floating Rate ETF in the third quarter worth about $66,000. Finally, Capital Analysts LLC boosted its position 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 worth $97,000 after buying an additional 2,754 shares during the period.

VanEck Floating Rate ETF Stock Up 0.1 %

Shares of NYSEARCA FLTR opened at $25.50 on Monday. VanEck Floating Rate ETF has a 1-year low of $24.93 and a 1-year high of $25.51. The business has a 50-day moving average of $25.43 and a 200-day moving average of $25.29.

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.