Montis Financial LLC Has $3.59 Million Holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Montis Financial LLC reduced its position in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 1.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 140,929 shares of the company’s stock after selling 2,797 shares during the period. VanEck Floating Rate ETF comprises about 1.1% of Montis Financial LLC’s holdings, making the stock its 20th largest position. Montis Financial LLC owned approximately 0.23% of VanEck Floating Rate ETF worth $3,587,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. IFP Advisors Inc increased its position in VanEck Floating Rate ETF by 56.2% in the 4th quarter. IFP Advisors Inc now owns 2,731 shares of the company’s stock worth $70,000 after purchasing an additional 983 shares during the last quarter. Principal Securities Inc. increased its position in VanEck Floating Rate ETF by 29.4% in the 4th quarter. Principal Securities Inc. now owns 5,082 shares of the company’s stock worth $129,000 after purchasing an additional 1,155 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in VanEck Floating Rate ETF in the 4th quarter worth about $248,000. PFG Investments LLC increased its position in VanEck Floating Rate ETF by 7.8% in the 4th quarter. PFG Investments LLC now owns 10,508 shares of the company’s stock worth $267,000 after purchasing an additional 759 shares during the last quarter. Finally, Greater Midwest Financial Group LLC acquired a new position in VanEck Floating Rate ETF in the 4th quarter worth about $281,000.

VanEck Floating Rate ETF Trading Up 0.1 %

FLTR opened at $25.51 on Friday. The stock has a 50-day moving average of $25.51 and a 200-day moving average of $25.47. VanEck Floating Rate ETF has a 52-week low of $25.00 and a 52-week high of $25.58.

About VanEck Floating Rate ETF

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.