Advisor OS LLC Has $16.44 Million Stake in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Advisor OS LLC boosted its holdings in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 2.2% during the second quarter, Holdings Channel reports. The institutional investor owned 644,439 shares of the company’s stock after acquiring an additional 13,667 shares during the quarter. VanEck Floating Rate ETF comprises about 1.8% of Advisor OS LLC’s investment portfolio, making the stock its 11th biggest position. Advisor OS LLC’s holdings in VanEck Floating Rate ETF were worth $16,440,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of FLTR. Van ECK Associates Corp raised its holdings in shares of VanEck Floating Rate ETF by 294.7% in the 2nd quarter. Van ECK Associates Corp now owns 1,042 shares of the company’s stock worth $27,000 after buying an additional 778 shares in the last quarter. Benjamin F. Edwards & Company Inc. bought a new position in shares of VanEck Floating Rate ETF during the fourth quarter valued at $43,000. Principal Securities Inc. acquired a new stake in shares of VanEck Floating Rate ETF in the 4th quarter valued at $64,000. NBC Securities Inc. boosted its stake in shares of VanEck Floating Rate ETF by 35.0% in the 4th quarter. NBC Securities Inc. now owns 3,565 shares of the company’s stock valued at $89,000 after purchasing an additional 925 shares in the last quarter. Finally, CENTRAL TRUST Co bought a new stake in shares of VanEck Floating Rate ETF in the 1st quarter worth about $103,000.

VanEck Floating Rate ETF Trading Up 0.1 %

Shares of VanEck Floating Rate ETF stock opened at $25.35 on Friday. VanEck Floating Rate ETF has a 12-month low of $25.00 and a 12-month high of $25.52. The company has a 50-day simple moving average of $25.40 and a 200 day simple moving average of $25.43.

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.