WealthPlan Investment Management LLC Decreases Stock Holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR)

WealthPlan Investment Management LLC lowered its stake in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 31.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 343,670 shares of the company’s stock after selling 154,771 shares during the period. WealthPlan Investment Management LLC’s holdings in VanEck Floating Rate ETF were worth $8,753,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its holdings in VanEck Floating Rate ETF by 18,220.1% during the first quarter. BNP Paribas Financial Markets now owns 25,465 shares of the company’s stock worth $650,000 after buying an additional 25,326 shares in the last quarter. Janney Montgomery Scott LLC raised its position in VanEck Floating Rate ETF by 5.2% during the first quarter. Janney Montgomery Scott LLC now owns 24,955 shares of the company’s stock worth $637,000 after acquiring an additional 1,227 shares during the last quarter. Park Avenue Securities LLC acquired a new position in VanEck Floating Rate ETF during the second quarter worth about $1,091,000. Raymond James & Associates raised its position in VanEck Floating Rate ETF by 11.1% during the third quarter. Raymond James & Associates now owns 263,795 shares of the company’s stock worth $6,719,000 after acquiring an additional 26,364 shares during the last quarter. Finally, MGO One Seven LLC raised its position in VanEck Floating Rate ETF by 14.4% during the second quarter. MGO One Seven LLC now owns 93,182 shares of the company’s stock worth $2,377,000 after acquiring an additional 11,753 shares during the last quarter.

VanEck Floating Rate ETF Stock Performance

Shares of FLTR opened at $25.45 on Tuesday. The company has a 50-day moving average of $25.42 and a two-hundred day moving average of $25.43. VanEck Floating Rate ETF has a 12-month low of $25.00 and a 12-month 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.