Bensler LLC Decreases Position in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Bensler LLC reduced its position in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 44.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 419,518 shares of the company’s stock after selling 336,083 shares during the period. VanEck Floating Rate ETF accounts for about 1.3% of Bensler LLC’s portfolio, making the stock its 25th largest holding. Bensler LLC owned 0.69% of VanEck Floating Rate ETF worth $10,685,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of FLTR. Van ECK Associates Corp lifted its position in VanEck Floating Rate ETF by 294.7% during the second 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. Harbour Investments Inc. boosted its position in shares of VanEck Floating Rate ETF by 8.0% during the 2nd quarter. Harbour Investments Inc. now owns 6,633 shares of the company’s stock valued at $169,000 after acquiring an additional 494 shares during the last quarter. Goldstone Financial Group LLC acquired a new position in shares of VanEck Floating Rate ETF during the 3rd quarter valued at about $202,000. Moller Wealth Partners purchased a new stake in shares of VanEck Floating Rate ETF in the second quarter valued at about $204,000. Finally, CHB Investment Group LLC acquired a new stake in VanEck Floating Rate ETF during the third quarter worth about $229,000.

VanEck Floating Rate ETF Price Performance

FLTR stock opened at $25.44 on Friday. The business has a fifty day moving average of $25.42 and a two-hundred day 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 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.