Montis Financial LLC Has $3.66 Million Holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Montis Financial LLC boosted its stake in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 61.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 143,726 shares of the company’s stock after purchasing an additional 54,529 shares during the quarter. VanEck Floating Rate ETF comprises 1.3% of Montis Financial LLC’s investment portfolio, making the stock its 17th biggest position. Montis Financial LLC owned 0.24% of VanEck Floating Rate ETF worth $3,661,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Harbour Investments Inc. raised its stake in VanEck Floating Rate ETF by 8.0% in the second quarter. Harbour Investments Inc. now owns 6,633 shares of the company’s stock valued at $169,000 after purchasing an additional 494 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its position in VanEck Floating Rate ETF by 1.4% in the first quarter. B. Riley Wealth Advisors Inc. now owns 45,691 shares of the company’s stock valued at $1,156,000 after acquiring an additional 649 shares during the last quarter. Van ECK Associates Corp grew its position in VanEck Floating Rate ETF by 294.7% in the second quarter. Van ECK Associates Corp now owns 1,042 shares of the company’s stock valued at $27,000 after acquiring an additional 778 shares during the last quarter. Valley Wealth Managers Inc. grew its position in VanEck Floating Rate ETF by 2.5% in the first quarter. Valley Wealth Managers Inc. now owns 37,018 shares of the company’s stock valued at $944,000 after acquiring an additional 908 shares during the last quarter. Finally, Stonebridge Financial Planning Group LLC grew its position in VanEck Floating Rate ETF by 9.6% in the second quarter. Stonebridge Financial Planning Group LLC now owns 11,633 shares of the company’s stock valued at $297,000 after acquiring an additional 1,020 shares during the last quarter.

VanEck Floating Rate ETF Trading Up 0.1 %

VanEck Floating Rate ETF stock opened at $25.43 on Friday. VanEck Floating Rate ETF has a 12-month low of $25.00 and a 12-month high of $25.52. The business’s 50-day moving average price is $25.39 and its two-hundred day moving average price is $25.42.

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.