WealthPlan Investment Management LLC Sells 7,462 Shares of VanEck Floating Rate ETF (NYSEARCA:FLTR)

WealthPlan Investment Management LLC lessened its stake in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 336,208 shares of the company’s stock after selling 7,462 shares during the period. WealthPlan Investment Management LLC’s holdings in VanEck Floating Rate ETF were worth $8,557,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Goldstone Financial Group LLC bought a new position in VanEck Floating Rate ETF during the 3rd quarter valued at approximately $202,000. CHB Investment Group LLC bought a new stake in shares of VanEck Floating Rate ETF in the 3rd quarter worth $229,000. PFG Investments LLC bought a new stake in shares of VanEck Floating Rate ETF in the 3rd quarter worth $248,000. First Heartland Consultants Inc. bought a new stake in shares of VanEck Floating Rate ETF in the 3rd quarter worth $265,000. Finally, Greater Midwest Financial Group LLC bought a new stake in shares of VanEck Floating Rate ETF in the 4th quarter worth $281,000.

VanEck Floating Rate ETF Price Performance

VanEck Floating Rate ETF stock opened at $25.53 on Friday. The stock has a fifty day simple moving average of $25.49 and a two-hundred day simple moving average of $25.45. VanEck Floating Rate ETF has a 12 month low of $25.00 and a 12 month high of $25.56.

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.