363,407 Shares in VanEck Floating Rate ETF (NYSEARCA:FLTR) Bought by Avalon Capital Management

Avalon Capital Management acquired a new stake in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 363,407 shares of the company’s stock, valued at approximately $9,271,000. VanEck Floating Rate ETF accounts for approximately 3.8% of Avalon Capital Management’s holdings, making the stock its 8th largest position. Avalon Capital Management owned approximately 0.85% of VanEck Floating Rate ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. WealthPlan Investment Management LLC increased its stake in VanEck Floating Rate ETF by 716,523.0% in the third 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. Systelligence LLC increased its position in shares of VanEck Floating Rate ETF by 23.5% during the 4th quarter. Systelligence LLC now owns 608,974 shares of the company’s stock valued at $15,316,000 after purchasing an additional 116,037 shares during the last quarter. Perigon Wealth Management LLC raised its holdings in shares of VanEck Floating Rate ETF by 372.6% during the 4th quarter. Perigon Wealth Management LLC now owns 131,924 shares of the company’s stock valued at $3,318,000 after buying an additional 104,008 shares in the last quarter. Insight Wealth Strategies LLC lifted its position in VanEck Floating Rate ETF by 13.0% in the 4th quarter. Insight Wealth Strategies LLC now owns 879,389 shares of the company’s stock worth $22,117,000 after buying an additional 101,174 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in VanEck Floating Rate ETF by 63.9% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 217,647 shares of the company’s stock worth $5,474,000 after buying an additional 84,883 shares in the last quarter.

VanEck Floating Rate ETF Trading Up 0.1 %

Shares of FLTR stock traded up $0.02 during trading hours on Friday, hitting $25.51. 619,883 shares of the company’s stock were exchanged, compared to its average volume of 548,614. VanEck Floating Rate ETF has a 12-month low of $25.08 and a 12-month high of $25.52. The business’s 50 day simple moving average is $25.45 and its 200-day simple moving average is $25.38.

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.