Smith Thornton Advisors LLC Grows Stock Holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Smith Thornton Advisors LLC boosted its holdings in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 5.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 70,924 shares of the company’s stock after buying an additional 3,561 shares during the quarter. VanEck Floating Rate ETF makes up about 1.1% of Smith Thornton Advisors LLC’s investment portfolio, making the stock its 27th largest holding. Smith Thornton Advisors LLC’s holdings in VanEck Floating Rate ETF were worth $1,805,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Savvy Advisors Inc. grew its position in VanEck Floating Rate ETF by 3.4% during the third quarter. Savvy Advisors Inc. now owns 16,729 shares of the company’s stock valued at $426,000 after buying an additional 544 shares during the period. IHT Wealth Management LLC grew its position in VanEck Floating Rate ETF by 2.4% during the third quarter. IHT Wealth Management LLC now owns 25,629 shares of the company’s stock valued at $653,000 after buying an additional 589 shares during the period. Boyce & Associates Wealth Consulting Inc. grew its position in VanEck Floating Rate ETF by 7.9% during the fourth quarter. Boyce & Associates Wealth Consulting Inc. now owns 11,177 shares of the company’s stock valued at $284,000 after buying an additional 818 shares during the period. Oppenheimer & Co. Inc. grew its position in VanEck Floating Rate ETF by 5.3% during the third quarter. Oppenheimer & Co. Inc. now owns 24,706 shares of the company’s stock valued at $629,000 after buying an additional 1,250 shares during the period. Finally, Acorn Wealth Advisors LLC grew its position in VanEck Floating Rate ETF by 12.9% during the third quarter. Acorn Wealth Advisors LLC now owns 12,207 shares of the company’s stock valued at $311,000 after buying an additional 1,396 shares during the period.

VanEck Floating Rate ETF Trading Up 0.0 %

FLTR opened at $25.49 on Thursday. VanEck Floating Rate ETF has a 1-year low of $25.00 and a 1-year high of $25.54. The company has a 50 day simple moving average of $25.47 and a two-hundred day simple moving average of $25.44.

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.