6,223,357 Shares in VanEck Floating Rate ETF (NYSEARCA:FLTR) Acquired by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC acquired a new position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 6,223,357 shares of the company’s stock, valued at approximately $158,758,000. VanEck Floating Rate ETF makes up approximately 0.7% of Strategic Financial Concepts LLC’s investment portfolio, making the stock its 21st largest holding. Strategic Financial Concepts LLC owned 0.10% of VanEck Floating Rate ETF at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Edmonds Duncan Registered Investment Advisors LLC grew its holdings in shares of VanEck Floating Rate ETF by 2.0% during the first quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 1,509,466 shares of the company’s stock valued at $38,506,000 after buying an additional 29,179 shares in the last quarter. KFA Private Wealth Group LLC grew its stake in VanEck Floating Rate ETF by 5.8% during the 1st quarter. KFA Private Wealth Group LLC now owns 970,195 shares of the company’s stock valued at $24,750,000 after acquiring an additional 53,561 shares in the last quarter. Concord Wealth Partners grew its stake in VanEck Floating Rate ETF by 5.6% during the 1st quarter. Concord Wealth Partners now owns 801,091 shares of the company’s stock valued at $20,436,000 after acquiring an additional 42,198 shares in the last quarter. Insight Wealth Strategies LLC increased its holdings in shares of VanEck Floating Rate ETF by 0.6% in the 2nd quarter. Insight Wealth Strategies LLC now owns 786,589 shares of the company’s stock valued at $20,066,000 after purchasing an additional 4,534 shares during the period. Finally, Bensler LLC lifted its position in shares of VanEck Floating Rate ETF by 12.4% in the second quarter. Bensler LLC now owns 755,601 shares of the company’s stock worth $19,275,000 after purchasing an additional 83,145 shares in the last quarter.

VanEck Floating Rate ETF Stock Performance

FLTR stock opened at $25.35 on Friday. The firm has a 50 day simple moving average of $25.40 and a 200 day simple moving average of $25.43. VanEck Floating Rate ETF has a 52 week low of $25.00 and a 52 week high of $25.52.

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.